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KGL Logistics to ink KWD 50m deal with Amiri Diwan

KGL Logistics to ink KWD 50m deal with Amiri Diwan
This bidding will not financially impact the KGL Logistics' position
LOGISTICS
LOGISTICS
4.26% 31.80 1.30

Mubasher: KGL Logistics announced that it will sign a contract on the bidding with the Amiri Diwan of Kuwait at a value of KWD 50 million.

With a 35-year contract duration, this bidding covers the construction, completion, as well as the maintenance and operating works for the motorsport activity in Kuwait City.

KGL Logistics highlighted that this bidding will not financially impact the company’s current position, according to a bourse disclosure on Thursday.