16/03/2025 09:05 AST

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 expansion of the existing road from Qaroot South Roundabout in Izki, passing through Birkat Al-Maouz, and ending at Farq in Nizwa.

The scope of work for Galfar includes construction of 10 new roundabouts and upgradation of two existing ones to improve traffic flow.

Additionally, a traffic signal will be installed near the Ministry of Defence building to enhance road safety, it stated.

Lauding the government initiative, Galfar said the Izki-Nizwa Road Dualisation Project was aimed at improving connectivity and ensuring smoother traffic flow.

"We look forward to joining forces with all parties in Al Dakhiliyah Governorate to ensure the project is completed according to the prepared plan and within the specified timeframe, contributing to achieving sustainable development and enhancing the efficiency of the national road network," said a spokesman for Galfar.

"We look forward to collaborating with all stakeholders in Al Dakhiliyah Governorate to ensure its successful completion as per the planned schedule and timeline, contributing to sustainable development and strengthening the national road network," he added.


Trade Arabia

MHD ACERE signs landmark RO30mn agreement

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

Galfar lands key Oman road dualisation project

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

Galfar order book position stands at OMR690 million

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
GECS Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
IQCD 11.51 -0.18 (-1.54%)
IGRD 4.38 -0.01 (-0.23%)
QEWS 14.41 -0.20 (-1.37%)
MPHC 1.24 0.04 (3.33%)
QAMC 1.75 0.02 (1.15%)
Knowledge Economic City gets funding for Islamic World District project

19/06/2026

Knowledge Economic City has announced that it has secured a SAR150 million ($40 million) shariah-compliant financing facility from Saudi-based Riyad Bank to fund construction work on the first phase

Trade Arabia

e& plans world's first commercial U6GHz network in UAE

19/06/2026

e& UAE today announced it has awarded a contract to a strategic infrastructure partner to roll out the world's first commercial mobile network using Upper 6GHz (U6GHz) 256TRX Giga-MIMO technology. <

Trade Arabia

GWC launches air-to-land logistics corridor

19/06/2026

Gulf Warehousing Company (GWC) has announced that it has for the first time extended its end-to-end supply chain to include a fully operational air-to-land logistics corridor powered by the TIR syste

Gulf Times

Dubai's Amanat acquires 100% of Cambridge Health in Dh105m deal

19/06/2026

DFM-listed Amanat Holdings PJSC has completed the full acquisition of Cambridge Health Group after buying an additional 10.03 per cent stake for Dh105 million.

The deal gives Amanat 100 per

Gulfnews

Saudi Aramco Weighs Global Oil Storage Facilities to Boost Energy Security

19/06/2026

Saudi Arabia laid out a new strategy in Rome to strengthen global supply chains and build a broader partnership model with Europe, seeking to move beyond current geopolitical pressures and deepen eco

Arab News