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Galfar Engineering and Contracting SAOG
Building 760
Ghala Industrial Area, Way # 522
Phone: +968 24525000p:+968 24525000 MUSCAT, 100  Oman Ticker: GECSGECS
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.
(Source: F-4)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023Yes----

Industries
SIC Code Description
1542 General contractors-nonresidential buildings, other than industrial
1611 Highway and street construction, except elevated highways
1531 Operative builders
1623 Water, sewer, pipeline, and communications and power line construction
3273 Ready-mixed concrete
1731 Electrical work
1711 Plumbing, heating and air-conditioning
8249 Vocational schools, not elsewhere classified
8299 Schools and educational services, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Majid SalimAl Fannah Al Araimi
Chief Executive Officer Hamoud RashidAl Tobi
Non-Executive Vice Chairman of the Board MohiuddinMohamad Ali
12 additional Officers and Directors records available in full report.

Business Names
Business Name
Al-Khalij Heavy Equipment and Engineering LLC
Aspire Projects & Services LLC
Galfar Engineering & Contracting Co SAOG
4 additional Business Names available in full report.

General Information
Number of Employees: 27,000 (As of 12/31/2010)
Outstanding Shares: 290,650,946 (As of 6/30/2024)
Shareholders: 3,519
Stock Exchange: MSM
Fax Number: +968 24591676


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Wednesday, October 30, 2024