Galfar Engineering and Contracting SAOG (GECS)

Mubasher: Omani construction contractor Galfar Engineering & Contracting announced that it has been awarded a contract for a pipeline project by India-based Punj Lloyd. The OMR 753,000 ($1.9 million) deal includes the construction of a 36.5 …

Mubasher: Galfar Engineering and Contracting has announced that its orders hit OMR 471 million ($1.2 billion) during the first quarter of 2018. Despite the strong order volume, the engineering firm posted a year-on-year decline in revenue and …

Mubasher: Galfar Engineering has registered a One Person Company (OPC), which is 100% owned by Galfar Engineering and Contracting, according to a bourse statement on Sunday. The new entity has been registered under the name “Galfar Oman General …

Mubasher: Galfar Engineering and Contracting on Wednesday announced that it has been awarded a tender worth OMR 2.43 million ($6.29 million), according to a bourse statement. The tender includes the design, supply, and construction of a substation …

Mubasher: Galfar Engineering and Contracting on Tuesday signed a contract with the Omani Ministry of Transport and Communication at a value of OMR 26.24 million. The company has been awarded a 14-month contract for essential works for traffic …

Mubasher: Galfar Engineering and Contracting on Sunday reported narrowing its losses by 91.18% in the quarter ended 30 June, compared to the corresponding period of 2016. The Omani company’s losses amounted to OMR 60,000 ($155,180) in Q2-17, down …

Mubasher: Galfar Engineering and Contracting Company on Wednesday reported a 94.6% drop in its profits for the first quarter of 2017, compared to Q1-16. Profits stood at OMR 66,000 ($170,840) in Q1-17, compared to OMR 1.22 million ($3.15 million) …

Mubasher: Galfar Engineering and Contracting has been awarded a tender worth OMR 17.8 million ($46.09 million) by Oman Electricity Transmission Company. The tender relates to the construction of Birkat Al Mouz and Sumail Industrial power stations, …

Mubasher: Galfar Engineering and Contracting Company’s initial financial results showed a net loss of OMR 7.32 million ($18.96 million) for the fourth quarter of fiscal 2016, 72.65% down from OMR 26.76 million ($69.32 million) for Q4-15. In the …

Mubasher: Galfar Engineering and Contracting Company said Tuesday that it has been awarded a contract worth about OMR 13 million by Salalah Sanitary Drainage Services to upgrade the first and second phases of water reclamation plant (WRP). The …

Mubasher: Galfar Engineering and Contracting said on Thursday that its associate company International Water Treatment LLC (IWT) paid the applied delay penalty. IWT committed to the award decision in Arbitration proceedings with its client Muscat …

Cairo – Mubasher: Galfar Engineering and Contracting said it awarded a contract by Petroleum Development Oman in respect to Qarn Alamby off-plot mechanical works. The contract duration is four years with optional extension of further 6 years, said …

Mubasher: Galfar Engineering and Contracting posted on Sunday a net profit of OMR 240,000 ($621,180) for the third quarter of fiscal 2016, against a net loss of 2.32 million ($6 million) for Q3-15. In the first nine months of the year, net profit …

Mubasher: Galfar Engineering and Contracting said it was awarded a contract worth OMR 60.693 million. Under the agreement, Galfar will carry out the marine and road related works at the Construction of Fishery Port project. The contract duration …

Mubasher: Galfar Engineering and Contracting Company said an arbitration award was issued and obligated Oman Wastewater Services Company (Haya Water) to pay to Galfar a total amount of OMR 3.64 million ($9.43 million), according to a bourse …

Mubasher: Galfar Engineering and Contracting Company said Thursday that it has been awarded a contract worth OMR 5.3 million ($13.700 million) by Oman Electricity Transmission Company. Under the contract,  Galfar will be upgrade Adam Grid Station …

Mubasher: Galfar Engineering & Contracting said it was awarded an on-site construction services for Yibal Khuff project which is owned by Petroleum Development Oman (PDO), according to a bourse statement. The contract has a value of approximately …

Mubasher: Galfar Engineering and Contracting posted a negative turn in the fourth quarter of 2015, registering losses worth OMR 23.3 million ($60.3 million) against profits worth OMR 2.17 million ($5.62 million) in Q4-14. The company’s losses …

Mubasher: Galfar Engineering and Contracting has been awarded a contract worth OMR 365,170 from Duqm Special Economic Zone Authority. The two-year contract has an option for extension with the same rates for six months, according to a bourse …

We announce for the information of our esteemed Shareholders and Investors that Galfar has been awarded Contract No. C54/2015 (formerly Tender No. 11/2015) by Duqm Special Economic Zone Authority, for the operation and maintenance of a 2, 000 …

  Oman – Mubasher: Galfar Engineering said its profits after taxes nosedived by around 99.5% to OMR 10,000 ($25,800) in the first half of 2015, compared to OMR 2.016 million ($5.215 million) in the same period of 2014, according to a filing to the …

Initial Unaudited Financial Result Jan - Jun, 2015                       Particulars Parent Company Consolidated H1, 2015 H1, 2014 Change H1, 2015 H1, 2014 Change RO '000 RO '000 % RO '000 RO '000 % Total revenue    162,627    185,573   -12%    …

Galfar Engineering and Contracting has been awarded a tender to upgrade Duqm Desalination Plant in Oman for OMR 729,970 ($1.8 million), the company said in a filing to Muscat’s bourse.Rural Areas Electricity Company sent Galfar the letter of award …

This is to inform our shareholders and investors that Galfar has been awarded Tender No. RAEC-47/2014 on “Upgrading of Duqm Desalination Plant” by the Rural Areas Electricity Company SAOC, vide their Award Letter No. 197/P&C/RAEC/15 dated 14 …

Galfar Cordially invites, members of the press & media and all stakeholders to a press conference on the subject of the settlement offer for Muscat Express Way and Central Corridor Projects, tomorrow (Tuesday) 09th June at Muscat Securities …