Thursday 3 September 2015
 
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Khodari

Saudi builder Al Khodari eyes government compensation

Major Saudi Arabian construction firm Abdullah A M Al Khodari Sons expects the government to compensate it for some of the costs of labour reforms, a senior executive said, in a sign authorities aim to cushion the economic impact of the reforms.

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Saudi builder Khodari eyes capital boost

Saudi Arabia's Abdullah Abdul Mohsin Al Khodari and Sons said it expects to submit its proposal for a capital increase to the market regulator by the end of the second quarter of this year. The builder had announced last Novem

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Saudi builder Khodari clinches hospital deal

Saudi Arabian builder Abdullah Abdul Mohsin Al Khodari and Sons said on Sunday it had signed a contract worth SR313.2 million ($83.5 million) with the Ministry of Health for the construction of a hospital in the kingdom. The compa

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Saudi builder Khodari wins $170m deal from Ma'aden unit

Saudi Arabian builder Abdullah Abdul Mohsin Al-Khodari and Sons said on Thursday it had been awarded a $170 million contract from a unit of Saudi Arabian Mining Co (Ma'aden). The contract with Ma'aden Waad Al Shamal Phosph

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Khodari wins $360m university housing deal

Saudi construction firm Abdullah Abdul Mohsin Al Khodari and Sons has won a SR1.35-billion ($359.7 million) contract from the government for the construction of staff housing at King Khaled University, it said in a statement on Thursday.

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Khodari may double capex for big Saudi projects

Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said it may double its capital spending in coming years to cope with the work it hopes to do on the country's big infrastructure projects. Saudi A

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Saudi builder Khodari's Q3 net profit up 23pc

Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari Sons has reported a 23.1 per cent rise in its third-quarter net profit in line with analysts' estimates. The company made a profit of SR15 million ($4 mill

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Khodari Q1 operating profit falls on labour costs

Major Saudi Arabian construction firm Abdullah A M Al-Khodari Sons said on Sunday that its net profit for the first quarter of this year jumped 78 percent on the back of earnings from an auction of plant and machinery. Net profit

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Saudi labour reform impact to start fading in H2: Al-Khodari

Major Saudi Arabian construction firm Abdullah A M Al-Khodari Sons expects labour reforms to keep weighing on its bottom line for a few more years, but the situation will start improving in the second half of 2014, its chief executive said.

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Saudi labour reform impact to start fading in H2: Al-Khodari

Major Saudi Arabian construction firm Abdullah A M Al-Khodari Sons expects labour reforms to keep weighing on its bottom line for a few more years, but the situation will start improving in the second half of 2014, its chief executive said.

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