22 August 2007
Kuwait's KGL Logistics yesterday said its KGL Transportation Company unit won a contract worth KD10 million (Dh130.2m) to operate Sharjah's public transport network. In a statement on the Kuwait Stock Exchange website, the company said the contract is for eight years and is subject to renewal.
Kuwait's KGL Logistics yesterday said its KGL Transportation Company unit won a contract worth KD10 million (Dh130.2m) to operate Sharjah's public transport network. In a statement on the Kuwait Stock Exchange website, the company said the contract is for eight years and is subject to renewal.
The company expects to have a yearly return on equity of no less than 10 per cent, said the statement.
© Emirates Today 2007
