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FINANCIAL NEWS
Dubai’s Transguard awarded USD38.11m contracts
23 Sep 2014
(MENAFN) Dubai-based Transguard, a unit of Emirates Group, announced that it has won new contracts worth more than USD38.11 million, Gulf Business reported.
Transguard, which operates in a diffrent number of fields like businesses management, security, training, consultancy, airport services and event management, said that the new contracts, 20 in total, have been secured by the group within the last four months.
The contracts are from several companies including construction contractor TAV, Australian mechanical services company James L Williams, international mechanical electrical plumbing contractor Anel and two solutions companies, Dutco Styles & Wood and Al Tayer Stocks.
“These new contracts validate our confidence in the UAE and regional economies. We envisage significant growth prospects, especially in Abu Dhabi, Qatar and Saudi Arabia,” Transguard said in a released statement.
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