Commercial Credit Report for Galfar Engineering and Contracting SAOG

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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
Yes	Yes	-	Yes	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	12/31/2023	Yes	-	-	-	-

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	Title Date	Start Date
Non-Executive Chairman of the Board	Salem S.Al Araimi
Chief Executive Officer	HansErlings
Vice Chairman of the Board	Salem B.Al Rawas	3/26/2014	5/13/2009
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 12/31/2023)
Shareholders:	3,519
Stock Exchange:	MSM
Fax Number:	+968 24591676

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