Al-Beyout Investment Group Holding Company (BIG Holding) announced that its subsidiary, Kuwait Resources House Company for Human Resources Services and Management, won a contract worth KD 3.19 million Kuwaiti dinars. 

“Bayout “pointed out in its statement to the Kuwait Stock Exchange today, Wednesday, that the contract is concerned with providing human resources services to the Kuwait Oil Company, for a period of 5 years. 

Also, the company noted that there is no impact on the company's financial position at the present time, noting that the financial impact of the contract will be reflected during the implementation period. 

On July 15, 2024,” Bayout’ announced that the subsidiary ( Kuwait Resources House for Human Resources Services and Management ) had completed a contract to renew bank facilities with a local Islamic bank for a total of 20.45 million dinars, to provide renewable financing and to finance 5 ongoing contracts, including the Kuwait Oil Company. 

It is noteworthy that “Bayout” was listed on the Kuwait Stock Exchange with the first market index on June 11, and the company’s profits increased during the year 2023 by 48.84% to 7.68 million dinars, compared to 5.16 million dinars in the previous year.