<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 22): Muhibbah Engineering (M) Bhd's 49% owned Muhibbah Engineering Middle East LLC has bagged a construction project worth approximately RM149 million (Qatari Riyal 143 million) from the Economic Zones Company, Qatar (MANATEQ), a company owned by the Government of Qatar.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, it said the contract is for the design, construction and erection of syncrolift and travel lift with ancillaries and all associated works in Marsa Um Alhoul.</p></div>

<div class=newsTextDataWrapInner><p>Muhibbah said the construction works as implicated in the contract is to be commenced immediately and is expected to be completed by the first quarter of 2019.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"The contract is expected to contribute positively to the earnings and net assets of the Muhibbah Group for the current and future financial years," the filing added.</p></div>

<div class=newsTextDataWrapInner><p>At market close, shares of Muhibbah were up 3 sen or 0.99% at RM3.06 for a market capitalisation of RM1.484 billion.&nbsp;</p></div>


KUALA LUMPUR (Feb 22): Muhibbah Engineering (M) Bhd's 49% owned Muhibbah Engineering Middle East LLC has bagged a construction project worth approximately RM149 million (Qatari Riyal 143 million) from the Economic Zones Company, Qatar (MANATEQ), a company owned by the Government of Qatar.

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Muhibbah's 49%-owned firm bags contract worth RM149 mil from Qatar government

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<p>Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.</p>


<p>The government will continue to monitor the impact on inflation in the country following the announcement of a more than 13% increase in civil servants' salaries this December.</p>


<p>US private payrolls increased more than expected in April, suggesting that the labor market maintained its momentum early in the second quarter.</p>
