Mubasher: Al Imtiaz Investment Group announced that one of its subsidiaries was awarded a KWD 3.92 million tender by the Kuwait National Petroleum Company (KNPC).

The two-year contract involves service works for the environmental fuel project in the Mina Abdullah Refinery, according to a company statement to Boursa Kuwait on Thursday.

Al Imtiaz expects to generate a profits margin between 2% and 4% of the contracts total value, according to the statement, noting that it owns a 50.69% in the company.