January 20, 2017 4:16 AM ET

Construction and Engineering

Company Overview of Oman National Engineering & Investment Company SAOG

Company Overview

Oman National Engineering & Investment Company SAOG provides services to the utility and engineering sectors in the Sultanate of Oman. Its Engineering division engages in engineering, procurement and construction, and contracting activities, including the supply and installation of power generating equipment; and construction of power supply lines and other related projects. This division also operates and maintains power generation stations, desalination plants, hospitals equipment, air conditioning plants, and sewage treatment plants. The company’s Billing division is involved in the billing and collection of electricity and water of interior and Dhofar regions, as well as collection of Om...

Way 3520

Plot 689

Area 2/17

Al Khuwair

Muscat,  

Oman

Founded in 1978

Phone:

968 2439 6222

Fax:

968 2447 9787

Key Executives for Oman National Engineering & Investment Company SAOG

Oman National Engineering & Investment Company SAOG does not have any Key Executives recorded.

Oman National Engineering & Investment Company SAOG Key Developments

Oman National Engineering & Investment Company SAOG Announces Unaudited Earnings Results for the Year Ended December 31, 2016

Oman National Engineering & Investment Company SAOG announced unaudited earnings results for the year ended December 31, 2016. For the year, the company reported total revenue of OMR 38,382,813 against OMR 38,771,775 a year ago. Net profit after tax was OMR 1,207,638 against OMR 1,906,824 a year ago. Earnings per share were OMR 0.012 against OMR 0.019 a year ago. Net assets per share were OMR 0.227 against OMR 0.218 a year ago.

Oman National Engineering & Investment Company SAOG Reports Unaudited Earnings Results for the Third Quarter Ended September 30, 2016

Oman National Engineering & Investment Company SAOG reported unaudited earnings results for the third quarter ended September 30, 2016. For the quarter, the company’s net profit after tax was OMR 932,368 or OMR 0.009 per share compared to OMR 1,523,895 or OMR 0.015 per share for the same quarter ended September 30, 2015. Total revenue was OMR 28,056,217, compared to OMR 28,112,920 for the same quarter ended September 30, 2015.

Oman National Engineering & Investment Company SAOG Appoints Hassan Ali Ghazi as CFO with Effect from October 2016

Oman National Engineering & Investment Company SAOG (ONEIC) recently appointed Mr. Hassan Ali Ghazi as CFO with effect from October 2016. Mr. Hassan is of vast professional financial experience of 23 years including 13 years of providing finance leadership. He is entrepreneur at heart with finance and analytical intellect.

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Recent Private Companies Transactions

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