Bayout Investment Group announced that it has awarded a contract valued at KWD 4,000,000 (approximately four million Kuwaiti Dinars) to its subsidiary, Kuwait Resource House Company for Human Resource Services and Management.
In a statement to the Boursa Kuwait today, Tuesday, "Bayout" noted that the contract involves providing various qualified and experienced employees for Kuwait Oil Company.
The company mentioned that there is currently no financial impact, but it will reflect positively on revenue, profit margins, and liquidity during the execution period of the agreement.