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FINANCIAL NEWS
Galfar wins $31m contracts in Oman
23 Jun 2010
(MENAFN) Oman’s Galfar Construction & Engineering Co. announced that it has won a contract worth $31.17 million to build a water distribution network in northwest of Oman, Reuters reported.
Galfar Engineering won contracts worth $106 million for infrastructure projects earlier in April, covering road projects and a hospital building.
It reported a net loss of $2.78 million in the first quarter mainly due to a project cost increase. The company made a profit of $12 million in the first three months of last year.
More News
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
01 Mar 2023
You could be the next lucky winner.. BBK: BD 1.9 million prizes from Al Hayrat this year
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