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FINANCIAL NEWS
Galfar wins $31m contract in Oman
26 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, Times of Oman reported.
Galfar will build reservoirs, including trenching and pipelines to connect to all houses in the area, a tender board official said.
It is worth mentioning that Galfar Engineering reported a net loss of $2.78 million in the first quarter mainly due to a project cost increase.
More News
24 May 2023
Empowering Success: BBK and BIBF honor 24 graduates of the BBK’s Women on Board Programme
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
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