Al Hassan Engineering LOI for US$ 26.6 Million from GS Eng

09/03/2015 10:09 AST

Al Hassan Engineering Co. Abu Dhabi LLC (which is controlled by Al Hassan Engineering Co. SAOG owning 49% of its share capital), has received LOI from M/S GS Engineering & Construction, for USD 26.6 Million SMP Part A works for Rumaitha / Shanayel Phase-III project (Abu Dhabi).

The project duration is 17 months from June 2015 and we expect reasonable income from this project".


Muscat Stock Market

News

Al Hassan takes new initiatives to strengthen balance sheet

16/02/2016

Al Hassan Engineering's board has decided to take a series of new steps, including sale of land, efforts to recover additional cost and recapitalisation of Abu Dhabi subsidiary, to improve its finan

Times of Oman

Al Hassan Engineering opens new facility in Nizwa

29/06/2015

Al Hassan Engineering, one of Oman's leading engineering, procurement and construction (EPC) contractor, has opened a state-of-the-art fabrication and plant workshop in Nizwa.

The new faci

Times of Oman

Al Hassan Engineering adjudged 'Best Contractor'

16/02/2015

Al Hassan Engineering has been awarded with the 'Best Contractor of the Month' at Musandam site by Oman Oil Company Exploration & Production's (OOCEP) and the main contractor, Hyundai Engineering. <

Times of Oman

Most Viewed Companies

Ticker Price Volume

Valuation

HECI 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