CONTRACTS AWARDED BY KUWAIT LAST MONTH ARE ESTIMATED TO BE WORTH $50 MILLION

  • 21/10/2022

Kuwait City: Meade Magazine reports that the contracts awarded by Kuwait in September were worth $50 million. Kuwait ranks fourth in the Gulf and sixth regionally in value of contracts awarded. In contrast, the UAE led the September contract award activity with the largest deal value of 202. The sector as a whole awarded contracts worth $6 billion in September.


This means that in the third quarter of this year, the total amount recorded was 16.3 billion dollars. It was $34.1 billion in the second quarter and $19.7 billion in the first quarter. Meanwhile, $10.9 billion worth of deals were signed in the third quarter of 2021, $18.3 billion in the second quarter and $25.9 billion in the first quarter. The UAE recorded $2.7 billion in contracts awarded in September, with the largest contract awarded by Abu Dhabi Ports to China Harbor Engineering for $560 million for the second phase of the CMA terminals at Khalifa Port.

Related News

Kuwait Cracks Down on Begging, Arrests Seven Jordanian Women
  • 14/03/2025
Kuwait Announces Eid Al-Fitr Holidays: 3 or 5 Days Off Depen ...
  • 14/03/2025
Drunk House Driver Caught by Employer, Faces Deportation and ...
  • 12/03/2025
Kuwait Police Arrest Fake Officer Behind Multiple Thefts
  • 12/03/2025
Kuwait Shocked by Brutal Horse Stabbing at Equestrian Track
  • 12/03/2025
Fifth Ring Road Tunnel Towards Salmiya Opens for Traffic
  • 11/03/2025
Commerce Minister Ensures Stable Food Supply and Fair Pricin ...
  • 11/03/2025
Kuwait Enforces Salary Payment Deadline and Worker Housing S ...
  • 10/03/2025
Kuwait to Introduce Transit Visas to Boost Tourism and Econo ...
  • 10/03/2025
Kuwait Arrests Expat Living Illegally Since 2018 with Forged ...
  • 09/03/2025
Kuwait Banks Propose Fees on Online Interbank Transfers
  • 09/03/2025
Kuwait Revises Life Sentences, Limits to 20 Years in Penal R ...
  • 08/03/2025