Wednesday 30 October 2024
 
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Saudi contractor

Saudi contractor Al Khodari narrows 2017 net loss

Saudi contractor Abdullah Abdul Mohsin Al Khodari Sons said it has narrowed its net loss for 2017 by 15 per cent from SR119.4 million ($31.8 million) the previous year to SR111 million ($27 million). While its gross loss widened b

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Saudi contractor Khodari wins key maintenance deal

Saudi 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

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Saudi contractor MMG's founder, son get jail sentence

Saudi Arabia's market regulator fined contractor Mohammed Al Mojil Group (MMG) and sentenced two of its executives to five years in prison for breaching rules relating to accumulated losses, the firm said on Friday. The Capita

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Saudi contractor MMG's founder, son get jail sentence

Saudi Arabia's market regulator fined contractor Mohammed Al Mojil Group (MMG) and sentenced two of its executives to five years in prison for breaching rules relating to accumulated losses, the firm said on Friday. The Capita

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Saudi contractor Khodari eyeing private projects

Saudi 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,

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Saudi contractor MMG CEO quits

Construction firm Mohammad Al Mojil Group (MMG) said on Sunday its chief executive had resigned and it was appointing PricewaterhouseCoopers to advise it on its financial performance. The contractor said it would replace Ibrahim Zadeh wit

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