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 Company plans new investments this year; growth prospects 'very bright' across sectors

22/04/2026

Aamal Company is making new investments this year as it finds growth prospects across all its business divisions as "very bright"

"Given the relative stability of Qatar`s economic landscape

Gulf Times

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

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 12.30 0.15 (1.23%)
QEWS 14.92 0.02 (0.13%)
MPHC 1.25 0.02 (1.62%)
IGRD 3.93 0.03 (0.76%)
OQBI 0.31 0.00 (0.00%)

Recent News

Global Finance names KFH as 'Best Bank for Sustaining Communities in the Middle East'

24/04/2026

Kuwait Finance House (KFH) has been named "Best Bank for Sustaining Communities in the Middle East" by Global Finance magazine, as part of its Sixth Annual Sustainable Finance Awards, recognizing out

Kuwait Times

Dubai Taxi Company expands fleet with 600 new taxi plates

24/04/2026

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, has acquired another 600 new licence taxi plates through the latest auction conducted by the Dubai Roads and

Trade Arabia

Emirates Islamic operating profit rises 7% to $299.52m in Q1

24/04/2026

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has reported an operating profit of AED1.1 billion ($299.52 million) for the quarter ending March 31, 2026, 7% growth o

Trade Arabia

ADCB delivered record Q1 profit before tax of $1bn

24/04/2026

ADCB, a leading UAE banking group, has delivered record profit before tax of AED3.781 billion in Q1'26, up 30% year on year, extending profit growth track record to 19 consecutive quarters.

Trade Arabia

Al Salam Bank sells its stake in Gulf African Bank

24/04/2026

Bahrain headquartered-Al Salam Bank has announced the sale of its 20.94% stake in Gulf African Bank, the largest Islamic Bank in Kenya.

The sale forms part of AL Salam Bank's broader group

Trade Arabia

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