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Article: Al Hassan upbeat on new openings.
- Article from:
- Times of Oman (Muscat, Oman)
- Article date:
- September 13, 2009
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Byline: Vinod Kumar PK
MUSCAT Eoe1/4" Al Hassan Engineering Company (AHEC) SAOG (AHEC), the first contracting company to be listed on the Muscat Securities Market (MSM) in 1998, is upbeat and optimistic about securing significant new business opportunities in the latter half of the current year.
During the last quarter of 2008 and in early 2009, only essential projects were going ahead in the country and the GCC at large as a result of the financial crisis coupled with low oil prices. Eoe1/4EoHowever, the recent increase in oil prices have stimulated further investments on a much larger scale that have begun to emerge in the region. This presents our ...