3 Contracts between “Kuwaiti Resource House” & “Kuwait Oil “Worth KWD 11.8 million

تم النشر على almowazi.com في 23 يناير 2025
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The Beyout Investment Group announced in a statement to the Boursa  Kuwait S that its subsidiary, Kuwait Resource House Company for Human Resource Services & Management , has signed three contracts with Kuwait Oil Company to provide various human resource services at both the Ahmadi Hospital and the South Well Hospital, with a total value of KWD 11,778,314 (eleven million seven hundred and seventy-eight thousand three hundred and fourteen Kuwaiti Dinars).

The company stated that "Kuwaiti Resource House" signed the first contract worth KWD 3,205,207 (three million two hundred and five thousand two hundred and seven Kuwaiti Dinars) to provide human resource services (supplying ambulance service staff - paramedics) for Ahmadi Hospital and South Well Hospital for a period of four years.

It clarified that the second contract stipulates helping in medical staffing (nursing services and supportive services) for Ahmadi Hospital for a period of four years, with a contract value of approximately KWD 4,385,470 (four million three hundred and eighty-five thousand four hundred and seventy Kuwaiti Dinars).

Additionally, the third contract includes providing human resource services to Kuwait Oil Company to supply South Well Hospital with administrative service positions, valued at KWD 4,187,637 (four million one hundred and eighty-seven thousand six hundred and thirty-seven Kuwaiti Dinars), also for a period of four years.

The company expects to achieve a financial profit ranging from 3% to 7% of the contract value through the signed agreements, which will be reflected 
on the company’s financial statements during the contract execution period.

boursa kuwait

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