Aamal JV Frijns Steel bags QR113mn contract from CCG

25/08/2025 04:04 AST

The Qatar Stock Exchange listed Aamal Company's joint venture, Frijns Steel Construction Middle East, has been awarded a QR113mn contract by Consolidated Contractors Group (CCG).

Under this contract, which extends until July 2027, Frijns, a leading fabricator of high-quality for the petrochemical and process industries, will undertake the supply, fabrication, and painting of pipe support works for Qatar Energy's North Field South LNG (liquefied natural gas) facilities in Ras Laffan Industrial City, strengthening Frijns' position as a leading provider of structural steel solutions in Qatar's energy sector.

Rashid bin Ali al-Mansoori, chief executive officer of Aamal Company, said this significant contract win for Frijns Steel Construction ME underscores the strength and diversity of Aamal's portfolio of companies.

"We are proud to support Frijns in their contribution to Qatar's vital energy sector and are confident in their ability to deliver exceptional results on this project. Aamal is committed to supporting Qatar's National Vision 2030, and this project aligns with our strategic focus on contributing to the country's infrastructure development," he said.

Rob Frijns, managing director and partner of Frijns Steel Construction Middle East, said it brings decades of experience and a dedication to excellence to this North Field South LNG project.

"We value this partnership with CCG and are confident that our expertise will ensure the successful and timely completion of this critical infrastructure," he said.


Gulf Times

News

Aamal signs MoU with Niedax Group to establish plant for production of cable management products

20/11/2025

Aamal Company, one of Qatar's leading diversified companies, has signed a memorandum of understanding (MoU) with Germany-headquartered Niedax Group, a global leader in cable management systems, to es

Gulf Times

Aamal Company nine-month net profit rises 8.2% to QR327.3mn

20/10/2025

Aamal Company posted a nine-month net profit of QR327.3mn, up 8.2% on the same period in 2024.

Reported earnings per share (EPS) was up 8.2% to QR0.052 at the end of the nine-month period (9

Gulf Times

Amaal's net profit rise by 17.5 percent

29/07/2025

Aamal's (a Qatari public shareholding company) Net Profit increased by 17.5 percent in H1 2025, reaching QR 221.289 million, compared to QR 188.363 million in the same period last year.

Acco

QNA

Most Viewed Companies

Ticker Price Volume

Valuation

AHCS Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

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

Top Related Companies

Ticker Price Change
IQCD 12.06 -0.03 (-0.25%)
QEWS 14.80 -0.09 (-0.61%)
MPHC 1.17 0.01 (0.86%)
IGRD 3.84 0.02 (0.52%)
QAMC 1.55 0.01 (0.64%)

Recent News

Gulf Bank launches Concierge App in collaboration with Peacock Concierge

06/03/2026

As part of its ongoing commitment to delivering innovative digital solutions that enhance customers' lifestyles, Gulf Bank has launched its new Concierge App in strategic collaboration with Peacock C

Kuwait Times

Union Properties joins Massachusetts institute's industrial liaison programme

06/03/2026

Union Properties, one of the UAE's leading master developers, said it has entered into a membership agreement with the Massachusetts Institute of Technology (MIT) through its globally recognised Indu

Trade Arabia

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

06/03/2026

Emirates NBD has waived a range of banking fees for customers across the UAE and the wider Gulf, making cash and card services easier to access during a period of heightened regional uncertainty.

Gulfnews

2PointZero buys majority stake in Italian packaging group ISEM for $192m

06/03/2026

2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, has announced that it has formally completed the transaction to acquire a majority position in ISEM,

Trade Arabia

SAL agrees $30m Aviapartner Liege acquisition to expand into Europe

06/03/2026

SAL Saudi Logistics Services Co. has agreed to acquire Belgium-based Aviapartner Liege SA for ?28 million ($30.3 million), giving the Saudi logistics firm a foothold at one of Europe's major air carg

Arab News

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap