Thursday, April 2, 2020

The Exceptional Situations Commission has authorized two other charter flights

photo source: Posted by: Rusica Viorica News / Economic 01 Apr. 2020 / 10:01 ...

Kuwaiti firm wins $80mln sewage deal in Abu Dhabi

A Kuwaiti company said on Wednesday it had been awarded a water sewage project in Abu Dhabi worth around 295.7 million UAE dirhams ($80 million).

In a statement published by Kuwait’s bourse, Combined Group Contracting said its affiliated company CGC-Emirates was awarded the contract to develop the sewage network at Al-Reef residential area in the capital by the Abu Dhabi General Services Company (Musanada).

“The project involves the development of rain water sewage network in Al-Reef residential area,” the brief statement said.

Profits from the project would be disclosed by the company in its financial results in the coming years, it added without mentioning when the contract was awarded or the project’s duration.

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© Thomson Reuters Projects News 2020

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