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FINANCIAL NEWS
US firm Hill to recover USD10 m of Libyan debt
12 Mar 2014
(MENAFN) US construction management firm Hill International has now recovered USD10 million of USD60 million invoice owed for work in conflict-ridden Libya, the company said as it announced its 2013 full-year result, Arabian Business reported.
The company logged a net profit of USD1.6 million for the year, with a total revenue of USD576.7 million, registering almost a 20 percent increase compared to 2012.
Hill president and chief operating officer said that the Middle East accounted for 44 percent of its payments in Q4, up 35 percent on Q4 2012.
More News
08 Apr 2026
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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