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FINANCIAL NEWS
Galfar-Oman forecasts award for projects at OMR690m
11 Aug 2016
(MENAFN) Galfar Engineering and Contracting Co. proclaimed that the order book position of its parent firm is more than OMR690mn by the end of June this year.
Accordingly, the firm expects award of some more projects, while it bagged new projects and extension on recent projects worth OMR215mn in H1 this year.
Additionally, the key elements of the company on-going transformation program, involving head office head account reduction and development of supply-chain improvements.
On the other hand, despite the drop in oil prices in the recent quarters, but the firm maintained the level of work in the oil and gas sector.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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