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- Bahrain All Share Index, Islamic Index close lower
- NBK launches a new suite of updates and enhancements to its Mobile Banking App
- Global stocks drop at end of record year for markets
- Bank Muscat successfully manages OMR200mn Sovereign Sukuk Issuance
- Projects worth over OMR363mn awarded
- Oman Broadband aims to connect 1mn homes with fiber-optic network
- UAE raises minimum wage for Emiratis to AED6,000 per month
- Bank Nizwa closes $519m Omani sovereign sukuk issue
- Gold set for best year in nearly half a century
- ACWA Power agrees to buy stakes in 5 China wind power projects
17/09/2025 03:27 AST
MHD ACERE has entered into a milestone agreement, valued at RO30mn, with Galfar Engineering & Contracting Company, marking a significant step forward for Oman's infrastructure development.
The agreement was signed in the presence of Mohsin Hani al Bahrani, CEO of MHD ACERE, and Dr Hamoud Rashid al-Tobi, CEO of Galfar Engineering & Contracting Company.
According to a press release, this strategic collaboration reinforces a shared vision of driving Oman's infrastructure growth with world-class solutions. The deal will equip Galfar with advanced XCMG machinery to strengthen the delivery of major national projects, including the Hafeet Rail (Sohar-Abu Dhabi railway) and the Adam-Thumrait Highway.
Muscat Daily
03/06/2025
Galfar, one of the largest engineering, contracting and construction companies in Oman, has announced that it has secured a major construction works contract for Part Four of the Sultan Said bin Taim
Trade Arabia
16/03/2025
Galfar Engineering, a multi discipline engineering and construction company, has announced that it has begun work on the Izki-Nizwa road dualisation project in Oman.
The project will see e
Trade Arabia
11/08/2016
Galfar Engineering and Contracting Company, the Sultanate's leading contracting firm, said that the order book position of its parent company is over OMR690 million by the end of June 2016.
Times of Oman
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 9.39 | 0.03 (0.32 |
| IQCD | 12.06 | -0.03 (-0.25 |
| MODON | 3.40 | 0.03 (0.89 |
| ADNOCLS | 5.75 | 0.05 (0.87 |
| ADPORTS | 4.49 | -0.01 (-0.23 |
01/01/2026
As part of its steadfast commitment to delivering a best-in-class digital banking experience, National Bank of Kuwait (NBK) announced the launch of a suite of qualitative updates and enhancements to
Kuwait Times
01/01/2026
Bank Muscat announced that it successfully managed series 10 of the Sovereign Sukuk Issuance launched by Oman Sovereign Sukuk Company, with a total value of OMR200 million. The sukuk carries a 7-yea
ONA
01/01/2026
Oman's Bank Nizwa has announced that it had successfully closed the 10th series of local currency sovereign sukuk worth RO200 million ($519 million) acting as the joint issue manager and collecting b
Trade Arabia
01/01/2026
ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.
The company said it received
Trade Arabia
01/01/2026
Saipem, a global leader in the engineering and construction of major projects, has announced that it has been awarded two offshore contracts worth $600 million in Saudi Arabia, known as Contract Rele
Trade Arabia
Financial Information Co.
Saudi Arabia