(MENAFN) Combined Group Contracting (CGC) proclaimed that its arm in Abu Dhabi, the UAE, inked a deal with the emirate"s municipality.
Under the deal worth USD11.24mn, the group's subsidiary will execute internal roads and infrastructure works as part of the fourth stage of New Al Falah region.
Additionally, the deal will result in a profit margin of 6 percent of the whole value of the project by the end of the first year.
Earlier in March, the group said it was awarded a five-year tender worth USD238.14mn by Kuwait Oil Co. (KOC).
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