Muscat: Galfar Engineering and Contracting have secured contracts worth RO 68 million for the operation and maintenance of DIAM networks and facilities in various governorates.
"These contracts, award letters of which the company received on February 9, 2021, are valid for five years from commencement date which is expected in April / May 2021. We expect these contracts to be important in underpinning the company's revenues and in boosting
its endeavors for expansion of its activities," the filing to Muscat Securities Market said.
"The company would like to extend its sincere appreciation to DIAM for their valuable confidence on Galfar towards the award of these contracts," Hamoud Rashid al Tobi, CEO, Galfar Engineering and Contracting said.
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