Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Oman- H E Futaisi signs 31 pacts worth RO328mn  Join our daily free Newsletter

MENAFN - Muscat Daily - 18/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) Mohammed bin Salim al Futaisi, Minister of Transport and Communications signed 31 agreements worth RO327.82mn on Tuesday.

Speaking on the occasion, H E Dr Futaisi said that these agreements show the government's keenness to develop the road network. ''This will go a long way in facilitating people's movement and boosting the country's economy in areas like tourism and commerce.'' He said that the Ministry of Transport and Communications is following up on status of all road projects being executed across the country.

''The ministry will initiate legal action, and even impose fines on any executing company found not sticking to the project deadline. Termination of the contract will be used as the last resort.''

He said that project schedules vary depending on the size, but bigger projects usually take three years to complete.

 

TOP THREE PROJECTS

The Works                                                                                &bsp;                        

COST

Dualisation of the 76km Bidbid-Sur road (Second phase, first part).                       RO98.53mn

Contract signed with Larsen & Toubro (Oman)

Dualisation of the 56km Bidbid-Sur road                                                                           RO41.99mn
(Second phase, second part). Contract signed with
Khalid bin Ahmed and Sons in collaboration with
Spanish company Cors?n-Corviam

Improvement of the Khasab coastal road.                                                                      RO41.99mn
Signed with Sezai Turkes Feyzi Akkaya in
collaboration with Sezai Turkes Feyzi Akkaya
Construction Co (Oman)<


 


Muscat Daily




  MENA News Headlines
 May 26 2016 - Welcome to Happiness Island Resort, Abu DhabiMENAFN Press
(MENAFN Press) The new beach destination, Happiness Island Resort, situated two minutes from Saadiyat jetty via speed boats, hosted an exclusive media sneak-peek last weekend. The ultimate ...

 May 26 2016 - UAE- What's the future of TV? Apps!Khaleej Times
(MENAFN - Khaleej Times) Apple CEO Tim Cook said on Tuesday that apps are the future of television and that the company wants to help change the entertainment industry. Cook was speaking at a ...

 May 26 2016 - Met Department warns of strong winds in QatarThe Peninsula
(MENAFN - The Peninsula) Doha: The weather forecast for Qatar valid until 6pm Thursday inshore will be hot daytime with blowing dust to dusty at times and some clouds, offshore will be slight ...

 May 26 2016 - UAE- HP Enterprise plans $8.5b spinoffKhaleej Times
(MENAFN - Khaleej Times) Hewlett Packard Enterprise is continuing to slim down by selling its business services division to competitor Computer Sciences Corp. Both companies said the deal is worth ...

 May 26 2016 - UAE- Aligning strategic priorities is vitalKhaleej Times
(MENAFN - Khaleej Times) "What got you here, doesn't take you there" is quite a common adage you get to hear in boardrooms, and that is quite appropriate when the times are changing and contexts ...

 May 26 2016 - UAE- WATCH: Tesla autopilot drives 'asleep' driver in trafficKhaleej Times
(MENAFN - Khaleej Times) Did this man fall asleep behind the wheel of a Tesla car, the internet has been asking after a video of a man, seemingly asleep, went viral online. Uploaded on May 23, by ...

 May 26 2016 - Aspect Outperforms The Competition To Clinch Middle East Deal With Trading Firm FerrocadiaMENAFN Press
(MENAFN Press) International multi-commodity trading firm Ferrocadia has become the latest Middle East customer to choose the AspectCTRM cloud-based trade and risk management solution. In a deal ...

 May 26 2016 - Afghan Taliban picks Mullah Akhundzada as new leaderThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) The Afghan Taliban on Wednesday confirmed the death of its chief Mullah Mansoor and announced Mullah Haibatullah Akhunzada as the group’s new leader. ...

 May 26 2016 - S. Lebanon's Shebaa Farms: Still awaiting liberationThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) The Lebanese people on Wednesday marked the passage of 16 years since the Israel army withdrew from Southern Lebanon -- after facing stiff resistance from ...

 May 26 2016 - Yemen's warring parties closer to agreement: UN envoyThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) UN Envoy to Yemen Ismail Ould Cheikh Ahmed said that Yemen’s warring parties are closer to reaching an agreement. “We are now working on ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help