Kuwait-Mubasher: Arabi Group Holdings announced that its subsidiary Arabi
Enertech won a KWD 19 million bid, to build crude oil pipelines and related works in areas in west Kuwait, according to a bourse filing on Sunday.

The company is expected to achieve KWD 650,000 profits from the deal starting from the fourth quarter of 2016 till the end of 2021.

Arabi Holdings stock closed at 58 fils, after 58,000 shares were traded at a value of KWD 3,400.