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Saudi contractor Khodari wins key maintenance dealSaudi Arabian contractor Abdullah Abdul Mohsin Al Khodari and Sons said it has won a SR69-million ($18.4 million) contract from the kingdom's Ministry of Environment, Water and Agriculture. Under the 36-month contract, Khodari More… |
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Khodari renews $35m Islamic facilitySaudi Arabian construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said on Sunday that it had renewed an existing SR132 million ($35.2 million) Islamic credit facility with Samba Financial Group. The facility will provide b More… |
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Khodari to book loss after passing up Saudi contractSaudi Arabian contractor Abdullah Abdul Mohsin Al Khodari and Sons said it will book a multi-million-riyal loss after it received state permission to reallocate a government contract it won in 2014 to another company. Khodari, lik More… |
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Khodari's Q1 net profit plunges 71pcSaudi Arabian contractor Abdullah Abdul Mohsin Al Khodari and Sons reported a 70.6 per cent drop in first-quarter net profit on Tuesday as it continued to struggle amid a slowdown in the kingdom's construction sector. The comp More… |
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Saudi contractor Khodari eyeing private projectsSaudi contractor Abdullah A M Al Khodari & Sons (Al Khodari), whose value of government contracts fell by almost half last year, is targeting more private-sector work and deals in the GCC and Africa after cutting 8,000 jobs last year, More… |
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Khodari sees delay in Saudi university dealsA Saudi Arabian university has not signed $84 million in construction contracts agreed last year with Abdullah Al Khodari Sons Company, the builder said on Wednesday, another sign that the oil price slump has forced state spending cut-backs. More… |
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Saudi builder Khodari delays capital hike planSaudi Arabia's Abdullah Abdul Mohsin Al Khodari Sons has withdrawn its application with the Capital Market Authority for a capital increase due to current market conditions, it said in a statement on Monday. The builder in Nov More… |
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Saudi builder Al Khodari eyes government compensationMajor Saudi Arabian construction firm Abdullah A M Al Khodari Sons expects the government to compensate it for some of the costs of labour reforms, a senior executive said, in a sign authorities aim to cushion the economic impact of the reforms. More… |
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Saudi builder Khodari eyes capital boostSaudi Arabia's Abdullah Abdul Mohsin Al Khodari and Sons said it expects to submit its proposal for a capital increase to the market regulator by the end of the second quarter of this year. The builder had announced last Novem More… |
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Saudi builder Khodari clinches hospital dealSaudi Arabian builder Abdullah Abdul Mohsin Al Khodari and Sons said on Sunday it had signed a contract worth SR313.2 million ($83.5 million) with the Ministry of Health for the construction of a hospital in the kingdom. The compa More… |
