Combined Group Contracting stated that its 90% - owned Al Barjas Group for Trading and Contracting subsidiary has awarded a tender worth of KWD3.2 million ($11 million).

The contracts duration is 545 days, said a bourse filing by the group.

The group expects the new award to generate profit margin of a round 3.1% from the projects total value in first year and 1.9% in second year.

Lately, the company announced that it has awarded a new tender worth KWD7.10 million (UAD92 million) in Abu Dhabi where it will undertakes the supply and installation operations of utility poles in Mohammed Bin Zayed City.