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Mushrif inks $46.2m tender contract

Mushrif inks $46.2m tender contract
Photo Credit: Arabianeye-Reuters
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Kuwait-Mubasher: Mushrif Trading and Contracting has signed a tender contract with Kuwait’s public works ministry for KWD 14 million ($46.2 million).

The company noted in a bourse filing that it will launch an infrastructure project by virtue of the two-year contract.

 A profit margin of 8.5% which will reflect on the company’s financials until 2018, according to the contractor.