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FINANCIAL NEWS
Infrastructure contracts in Saudi Arabia valued at USD420M
02 Jul 2013
(MENAFN) OCI Construction Group chief operating officer, Osama Bishai declared that the group has come to conclusion after negotiations to seize infrastructure contracts in Saudi Arabia amount to USD420 million.
Bishai said: “The projects will be executed at several locations in Saudi Arabia, where the Construction Group is currently executing approximately USD790 million worth of work, excluding these new contracts.”
The officer continued: “We are well positioned to continue to grow our Saudi Arabian backlog by capitalising on our strong track record in executing large-scale infrastructure projects in Saudi Arabia.”
Contracts are bound to be signed in date that will be announced later on.
More News
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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