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Saudi Arabia's Abdullah A. M. Al-Khodari Sons lures new contract
- Saudi Arabia: Tuesday, December 11 - 2012 at 18:00
The Riyadh-based Tadawul All-Share Index ended up 0.31% at 6,736.12 points Tuesday, defying the ongoing oil price decline (off $0.28 at $104.32 (DME Oman crude). SABIC, the world's number one in petrochemical production, closed unchanged at SR90.50. Shares of construction and maintenance company Abdullah A. M. Al-Khodari Sons advanced 1.16% to reach SR26.20. Earlier in the day, the firm announced signing of a contract with the Ministry of Municipal & Rural Affairs for city cleaning and waste collection in Jeddah (Area 6) within a period of 60 Months from the date of site handing over. The contract is valued at SR239.784m.
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Gérard Al-Fil, Financial JournalistTuesday, December 11 - 2012 at 18:00 UAE local time (GMT+4)
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