Mubasher: Combined Group Contracting Company announced that its subsidiary in Abu Dhabi, Combined Group Contracting Emirates, was awarded a contract to design and execute a project in the UAE.
The contract is valued at AED 94.99 million or KWD 7.87 million ($26 million), according to a bourse disclosure on Sunday.
The contract has a duration of 548 days that will generate operating income to be listed in the income statements of the coming years.
At the stock level, Combined Group closed Sunday’s session at 319 fils.
