Egypt's Arab Contractors has won a 304 million Kuwaiti dinar ($1.1 billion) contract to build a 1,200-bed hospital in Kuwait, Egypt's Al Mal newspaper reported.

The 16-storey Jaber Al-Ahmad Al-Sabah hospital will be the largest in the Middle East and represents the biggest contract won by the company, the newspaper quoted Arab Contractors CEO Ibrahim Mahlab as saying.

The company had no immediate comment.

Arab Contractors was lowest bidder among eight groups bidding for the contract, awarded by Kuwait's Ministry of Public Works, Al Mal reported. - Reuters