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Arabi Group subsidiary makes lowest offer in KOC tender

Arabi Group subsidiary makes lowest offer in KOC tender
Photo Credit: Arabianeye-Reuters
AGHC
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Kuwait-Mubasher: Arab Company for Energy and Technology said on Tuesday that its 73% owned by Arabi Group Holdings, offered the lowest price in a tender worth around KWD 11.3 million, citing an online statement by  Kuwait’s Central Tenders Committee.

Launched by the Kuwait Oil Company (KOC), the tender is related to the supply and installation of variable speed pumps.

The project has duration of approximately 27 months, according to a bourse statement by the company.