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Combined Group inks Jaber Al-Ahmad stadium's contract

Combined Group inks Jaber Al-Ahmad stadium's contract
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Combined Group Contracting Co. said it has signed the contract of implementing the operations at Jaber Al-Ahmad International Stadium.

 

The contract's value stands at KWD7.95 million and with enforcement period of 300 days, said a bourse filing.

 

The company noted that it has awarded the contract through direct invitation tender.

 

Meanwhile, it is likely that this contract will generate profit margin of 8% from the projects' total value by end of 2015.