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Dana lifts Abu Dhabi; Oman's Galfar jumpsDubai's index extended gains after a fresh set of second-quarter earnings but investors in the UAE reacted largely to a relief rally in global markets on Friday. Property stocks, which attracted the most retail attention, led gains wi More… |
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Sewage treatment plant planned in MuscatHaya Water Company and a consortium of Cadagua / Galfar Engineering Company have signed an agreement for building a new sewage treatment plant (STP) at Darsait in Muscat. Sultan bin Hamdoun Al Harthy, board chairman of Haya Water Company, More… |
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Galfar, L&T win $764m Oman airport dealA joint venture of local firm Galfar Engineering with India's Larsen & Toubro has been awarded a contract worth 294 million rials ($763.6 million) to expand an Omani airport, a tender board official said on Wednesday. 'The More… |
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Galfar wins $101 million port contractOman-based Galfar Engineering and Contracting has won a contract worth RO39 million ($101.3 million) to build a harbour in an island off the southern coast of the Gulf Arab state, it said in a statement. 'The contact at Al Halaniyat Is More… |
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Galfar wins $31m water projectOman's Galfar Construction & Engineering Co has won a contract worth 12 million Omani rials ($31.17 million) to build a water distribution network in northwest of Oman. "Galfar will build reservoirs, including trenching and pipelines t More… |
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Galfar posts $2.78m Q1 lossOman's Galfar Engineering and Contracting Company reported a RO843,000 ($2.78 million) loss in the first-quarter mainly due to a project cost increase, but forecast improved results for the second half of the year. The company made a p More… |
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Galfar wins $106.5m infrastructure dealsOman has awarded Galfar Engineering & Contracting Co contracts worth 41 million rials ($106.5 million) for infrastructure projects, a tender board official said on Monday. The official told Reuters that the contracts covered three road More… |
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Galfar Engineering Q3 profit falls 63.8pcOman's Galfar Engineering & Contracting made a third-quarter net profit of 1.25 million rials ($3.25 million), down 63.8 per cent from the same period last year. The company made a net profit of 9.72 million rials in the first nine mon More… |
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Galfar wins $105m Oman airport dealGalfar Engineering has won a 40.5 million rial ($105.2 million) tender for the Ras Al Hadd airport, its chief executive said on Wednesday. "We won the Ras Al Hadd tender for 40.5 million rials," Hans Erlings told Reuters. The Omani More… |
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Galfar Q4 profit rises 26pcGalfar Engineering and Contracting Co posted a profit of about 8.85 million rials ($22.99 million) in the fourth quarter, up 26.3 percent from the year-earlier period. The company earned profit after tax of 24.647 million rials in 2008 com More… |
