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- Commercial Bank of Dubai posts record 2025 profit as loans pass Dh100b
- Saudi Arabia attracts 122 million tourists, pumping SR300 bln into national economy in 2025
- Tawazun Council awards Dh2.3 billion in defence contracts at UMEX and SimTEX 2026
- Indian rupee hits all-time low, inches to INR238 against OMR1
- Oman advances towards cashless economy
- Burgan Bank hires 200 new staff; 94.29% of them Kuwaitis
- TECOM Group acquires university campus in Dubai International Academic City
- Acwa Power unveils Innovation Days 2026 platform
- Stocks stable after tariff-fuelled selloff but uncertainty boosts gold
- State Street, QNB sign strategic agreement to launch new custody servicing model
03/06/2025 03:39 AST
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 Taimour Road Dualization Project.
The project is being implemented in partnership with Al Omaier Trading and Contracting Company, said Galfar in a statement.
This project stands as one of the most important connecting roads between the governorates of Oman, contributing to the strengthening of the logistics sector, and the development of economic and social mobility, it stated.
Lauding the Ministry of Transport, Communications, and Information Technology for the project, Galfar said with this vital project, it looks forward to working closely with all stakeholders to deliver this project as per the planned schedule, contributing to sustainable development and strengthening the national road network.
This strategic project aims to complete the dual carriageway from the Wilayat of Adam in Al Dakhiliyah Governorate to the Wilayat of Thumrait in Dhofar Governorate, building on the 317 km already developed to the north.
Once completed, the route from Muscat to Dhofar will become the longest dualised road in the sultanate, it added.
Trade Arabia
17/09/2025
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.
Muscat Daily
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 |
22/01/2026
Commercial Bank of Dubai (CBD) reported record financial results for the year ended 31 December 2025, posting net profit before tax of AED 3.84 billion, up 15.6% from the previous year, as net loans
Gulfnews
22/01/2026
Reinforcing its commitment to developing local talent and supporting Kuwait's national workforce priorities, Burgan Bank has hired 200 new employees in 2025, with Kuwaitis representing 94.29% of all
Trade Arabia
22/01/2026
TECOM Group, the creator of specialised business districts and vibrant communities, has acquired an integrated university campus comprising multiple buildings and spanning more than 300,000 sq ft in
Trade Arabia
22/01/2026
Acwa Power, a leader in energy transition, has announced the fourth edition of Innovation Days, to be held from January 26-28, 2026 at The Garage in Riyadh, under the patronage of the Ministry of Ene
Trade Arabia
22/01/2026
State Street Corporation and QNB Group have announced a strategic alliance to introduce a new custody servicing model in Qatar at the World Economic Forum (WEF).
Under the co-operation agree
Gulf Times
Financial Information Co.
Saudi Arabia