Combined Group Contracting Company (CGC) signed a contract worth nearly $35.5 million (AED 132 million or KWD 10.69 million) for a residential housing project in the UAE.

Over a 20-month execution period, CGC’s subsidiary in Abu Dhabi will construct and perform maintenance work for a residential compound on Abu Dhabi island, including villas owned by Sheikh Saif Mohammed Khalifa Al-Nahyan.

CGC’s capital stands at KWD 11.160 million, distributed on 111.6 million shares with a par value of 100 fils per share.