Kuwait – Mubasher: Combined Group Contracting Company said that its subsidiary in Abu Dhabi has signed a contract with the Emirati public works ministry.
The deal is worth AED 10.63 million or about KWD 874,730 ($2.9 million), with duration period of 240 days, the company said in a bourse statement issued on Tuesday.
The financial impact from signing this contract will be a profit margin of 9.72% of the addendum value, the company said, adding that this rate may change.
