Company Galfar Engineering & Contracting SAOG

Equities

GECS

OM0000003521

Construction & Engineering

End-of-day quote Muscat Exchange 07:00:00 2024-03-26 pm EDT 5-day change 1st Jan Change
0.15 OMR -1.32% Intraday chart for Galfar Engineering & Contracting SAOG 0.00% -11.24%

Business Summary

Galfar Engineering and Contracting SAOG is an Oman-based joint stock company engaged in the construction sector. The Company is active, along with its subsidiaries, in three segments: construction, hiring of equipment and training of personnel. The Company's principal activities include civil and mechanical construction, public health engineering, road construction, electrical, plumbing and maintenance contracts, as well as hiring out of cranes, equipment and other vehicles, and training of drivers, operators and others. The Company's business areas are structured into three, namely Civil and Utilities, Oil & Gas and Roads & Bridges. In additions to the Sultanate of Oman, the Company has operations in other Gulf Cooperation Council (GCC) countries and India. As of December 31, 2011, the Company's subsidiaries included Al-Khalij Heavy Equipment and Engineering LLC, Galfar Training Institute LLC, Galfar Engineering and Contracting India Pvt Ltd. and Aspire Projects & Services LLC.

Number of employees: 23,000

Sales per Business

OMR in Million2022Weight2023Weight Delta
Construction
100.0 %
168 94.4 % 250 100.0 % +49.06%

Sales per region

OMR in Million2022Weight2023Weight Delta
Oman
100.0 %
-- 250 100.0 % -

Managers

Managers TitleAgeSince
Chief Executive Officer - 20-05-02
Director of Finance/CFO - 20-08-15
Chief Operating Officer - -
Chief Administrative Officer - -
Corporate Secretary - -
Comptroller/Controller/Auditor - 19-07-31
Corporate Officer/Principal - -
General Counsel - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 18-11-17
Chairman - -
Director/Board Member - 14-03-25
Director/Board Member - 18-03-28
Director/Board Member - 18-03-28
Director/Board Member - 18-03-28
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 87,664,500 3,652,688 ( 4.167 %) 0 37.65 %
Stock B 1 202,986,446 105,789,321 ( 52.12 %) 0

Shareholders

NameEquities%Valuation
28,281,450 19.90 % 11 M ﷼
21,398,951 15.06 % 9 M ﷼
Al Siraj Holdings LLC
13.21 %
18,765,574 13.21 % 8 M ﷼
Emaar United For Investment & Projects LLC
12.34 %
17,532,900 12.34 % 7 M ﷼
14,610,750 10.28 % 6 M ﷼
Bank Muscat SAOG (Investment Management)
0.2079 %
295,379 0.2079 % 118 137 ﷼
Goldman Sachs Advisors BV
0.0268 %
38,019 0.0268 % 15 206 ﷼
La Française AM Private Bank SA
0.0193 %
27,431 0.0193 % 10 971 ﷼

Company contact information

Galfar Engineering & Contracting SAOG

Building 760 Way 522

100, Muscat

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http://www.galfar.com
address Galfar Engineering & Contracting SAOG(GECS)