Galfar posts $52.3m net loss in 2019, as revenues plummet by 14.9%
Omani contractor said, the parent company's performance was impacted due to impairment of receivables &
2020 CW Power 100: Galfar's Hamoud Al Tobi comes in at 45
Galfar is solidifying its position as one of the region's top companies with a specific
Oman's Galfar wins $24.5m Fahud runway revamp project from PDO
The contract is awarded for a period of 11.5 months effective from 7 April 2020,
Galfar's CFO Anantha Subramanian resigns citing 'health reasons’
The company said that Subramanian, who joined the firm in January 2018, would serve in
Late payments prompt 9% revenue drop for Oman’s Galfar
The construction firm’s total revenues fell to $329.7m in the first half of 2019 compared
Saipem awards $14m Duqm Refinery contract to Oman's Galfar
Duqum Refinery is one of the largest ongoing construction projects in the sultanate
Oman contractor Galfar's orders hit $1.2bn despite bid, award delays
Chairman Majid Al Araimi said the company was keen to "exploit" upcoming government-backed PPP projects
Galfar wins $7m in legal case against state-owned Haya Water
Haya Contracting has been ordered to pay Galfar Contracting $6.8m in an arbitration case in

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Construction Week - Issue 767
Sep 01, 2020