Wednesday 30 July 2014
 
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Galfar Engineering

Galfar wins major Oman road contract

Oman's Galfar Engineering has won a 40.48 million rial ($105.14 million) road building contract in the country's Dhofar region, the company said in a bourse statement on Sunday. Galfar Engineering stocks rose 1.2 per cent after

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Oman's Galfar raises $34.5m in rights issue

Galfar Engineering, a major construction company in Oman, said a rights issue to buy new shares was 96 per cent subscribed, raising 13.29 million rials ($34.5 million).   The company had offered 49.50 million sha

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Oman's Galfar raises $34.5m in rights issue

Galfar Engineering, a major construction company in Oman, said a rights issue to buy new shares was 96 per cent subscribed, raising 13.29 million rials ($34.5 million).   The company had offered 49.50 million sha

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Galfar buys 26pc stake in Kuwaiti firm

Oman's Galfar Engineering & Contracting Company said on Wednesday it had sealed a deal to buy a 26 per cent stake in Shaheen Al Ghanim Roads & Bridges Contracting Company of Kuwait. The stake constitutes 52 million shares in th

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Oman's Galfar wins $131m deals

Galfar Engineering & Contracting Company, Oman's largest contractor by market value, said on Sunday it has won two deals at a total cost of RO50.46 million ($131.1 million). The Public Authority for Electricity & Water has awarded

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BankMuscat new HQ work under way

Work on BankMuscat's new 32,000 sq m state-of-the-art head office building is progressing at Airport Heights, Seeb. The RO36 million ($93.83 million) project is expected to be completed in 2009.  “Bank

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BankMuscat new HQ work under way

Work on BankMuscat's new 32,000 sq m state-of-the-art head office building is progressing at Airport Heights, Seeb. The RO36 million ($93.83 million) project is expected to be completed in 2009.  “Bank

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