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Arabi Group’s subsidiary wins KWD 11.9m tender

Arabi Group’s subsidiary wins KWD 11.9m tender
The project of this KOC tender will be executed over 36 months
AGHC
AGHC`R
-2.53% 385.00 -10.00

Mubasher: Arabi Group Holdings announced that its 73%-owned subsidiary Arabi Enertech was awarded the lowest bid in a tender issued by Kuwait Oil Company (KOC) for a total value of KWD 11.9 million ($39.4 million).

The project of this KOC tender will be executed over 36 months, according to a bourse filing on Sunday.

Winning the lowest bid in this tender was officially announced on Kuwait’s Central Agency for Public Tenders (CAPT) website.