Combined Group Contracting KSCP (CGC)

Mubasher: A subsidiary of Combined Group Contracting (CGC) has won a tender to develop and raise the efficiency of Sharjah E88 federal road in the UAE at a total value of AED 194.8 million (KWD 15.965 million). The project will take 730 days to be …

Mubasher: Abu Dhabi General Services (Musanada), a subsidiary of Combined Group Contracting (CGC), has offered the lowest bids in a tender for the infrastructure construction of Al Mirfa Industrial Area in Abu Dhabi, with a total value of …

Mubasher: Combined Group Contracting (CGC) announced that a special tender contract has been awarded to China First Highway Engineering Company (CFHEC) and its local partner in Kuwait, CGC, for road building and maintenance. The contract is valued …

Mubasher: A subsidiary of Combined Group Contracting (CGC) in the UAE won a tender worth AED 7.67 million, equivalent to KWD 644,938 ($2.1 million), for parking lots in the UAE. The owner of the parking lots of the Critical Infrastructure …

Mubasher: One of the subsidiaries of Combined Group Contracting Co. (CGC) in Abu Dhabi has signed a tender contract worth AED 295.8 million, equivalent to KWD 24.95 million ($81.2 million). The deal involves developing a rainwater drainage network …

Mubasher: The net profit of Combined Group Contracting Co. (CGC) slumped by 29.3% in fiscal year (FY) 2019 to reach KWD 3.6 million, compared with KWD 5.1 million a year earlier.   The drop in the last year’s net earnings is due to lower operating …

Mubasher: The board of the Central Agency for Public Tenders (CAPT) decided to lift the sanctions imposed on Combined Group Contracting (CGC) effective Wednesday, 8 April. Accordingly, the company has resumed its normal business activity with the …

Mubasher: Combined Group Contracting Emirates, a subsidiary of Combined Group Contracting (CGC) in Abu Dhabi, has won a tender worth AED 295.8 million, equivalent to KWD 24.95 million ($81 million). Under the tender, the CGC subsidiary will …

Mubasher: Combined Group Contracting (CGC) announced that its subsidiary in the UAE has signed a tender contract worth AED 240.46 million, equivalent to KWD 19.89 million, ($65.71 million), to develop internal roads and infrastructure in Ras …

Mubasher: Combined Group Contracting’s (CGC) Saudi Arabia subsidiary signed a tender contract worth KWD 10.746 million ($35.5 million), which covered civil works services for the field in Wafra area, according to the company’s bourse filing. The …

Mubasher: Combined Group Contracting (CGC) was awarded tender worth AED 240.46 million (KWD 19.89 million) ($65.6 million), the company said on Thursday in a bourse filing. The tender is related to the construction of internal roads and …

Mubasher: Combined Group Contracting (CGC) said that its UAE subsidiary, Combined Group Contracting Emirates, has been awarded a tender contract for the construction of internal roads in Al Farfar, Fujairah. The 240-day contract is valued at AED …

Mubasher: Combined Group Contracting (CGC) reported a 56.7% decrease in profits during the third quarter (Q3) of the year, according to a statement to Boursa Kuwait on Thursday. Profits amounted to KWD 245,500 ($838,640) by the end of Q3-19, …

Mubasher: Combined Group Contracting Company announced that its branch in Saudi Arabia was awarded a tender worth KWD 10.746 million (nearly $35.5 million) that covers civil works services of the fields in Wafra. This tender was offered by the …

Mubasher: Combined Group Contracting Company announced that its UAE-based subsidiary, Combined Group Contracting Emirates, has won a tender covering the construction and building works of internal roads in Al Farfar, Fujairah. The tender is valued …

Mubasher: Combined Group Contracting announced that its subsidiary in the UAE, Combined Group Contracting Emirates, was ranked the first by offering the lowest bids in a UAE tender by Abu Dhabi General Services Company (Musanada). Musanada’s …

Mubasher: Combined Group Contracting Company, listed on Boursa Kuwait, has reported a 26.5% year-on-year growth in profits for the second quarter of 2019. Profits stood at KWD 1.05 million ($3.46 million) in Q2-19, versus KWD 830,000 ($2.74 …

By: Mohamed Farouk Mubasher: The stock of Combined Group Contracting Company registered on Monday the second active trading level since the beginning of 2019. Hitting the highest level in six weeks, the stock posted liquidity of KWD 1.81 million …

Mubasher: The subsidiary of Combined Group Contracting in the UAE, Combined Group Contracting Emirates, was awarded a tender at a total value of AED 16.485 million or KWD 1.366 million ($4.5 million). Carrying a duration period of 423 days, this …

Mubasher: Combined Group Contracting Company achieved an increase of 13.1% in profits during the first three months of 2019 when compared to the same quarter last year. Profits rose to KWD 2.07 million ($6.82 million) in Q1-19 from KWD 1.83 …

Mubasher: The shareholders of Combined Group Contracting approved to pay 20% of the capital as cash dividend for fiscal year 2018. Combined Group will pay 20 fils per share to the entitled shareholders as a dividend for FY18, according to Kuwait …

Mubasher: Combined Group Contracting (CGC) has signed a KWD 9.64 million (AED 116.4 million) contract to construct a school in the emirate of Abu Dhabi. Under the deal, CGC will build the Abu Dhabi Future School Phase 8, Package 4, while the …

Mubasher: Combined Group Contracting announced that its UAE subsidiary has signed an AED 94.98 million ($26 million) contract to design, implement, and develop Sieh Shuaib road. The Kuwaiti group stated that the project will be implemented within …

Mubasher: Combined Group Contracting reported a decline of 35.8% in profits during the fourth quarter of 2018 compared to the same period a year ago. Earnings shrank to KWD 1.88 million ($6.2 million) in Q4-18 from KWD 2.93 million ($9.7 million) …

Mubasher: Combined Group Contracting has signed a tender contract valued at KWD 102.55 million ($338.3 million) in the UAE, according to a bourse statement on Wednesday. The tender deal covers building and executing maintenance works of 410 villas …