Page 64 - September 2020

Construction

Overseas AST announces appointment of

Amin Nalouti as CEO

of directors. Armed with extensive experience
in the UAE and GCC construction industries,
Nalouti has delivered several complex projects
and worked with leading businesses in the region.
He was previously Area Manager at BESIX and
General Manager, Infrastructure and Marine
Construction Division at Ghantoot Transport and
General Contracting. ‘The Board is confi dent of
Amin’s ability to deliver Overseas AST’s unique
offerings to clients and wish him success as he
takes on this new leadership role,’ the statement
concluded.
Founded in 1898, Overseas AST was a major
The board and management of Overseas AST, the construction company based in Europe. In 1959,
UAE-owned construction company headquartered it began established operations in Dubai, and in
in Dubai, has announced the appointment of Amin 1964, the business was offi cially incorporated by a
Nalouti as Chief Executive Offi cer, effective from Ruler’s Decree. In 1983, Khalifa Juma Al Nabooda
June 21, 2020. of Dubai and Abdulla Mohamed Almazrui of Abu
In a statement, the company said that Nalouti will Dhabi, acquired a 51% share in the business. In
manage all operations and business for AST and 2003, the remaining shareholding was acquired
will report directly to the shareholders and board from the parent company.

Galfar seals $298m Oman road contract

The Adam-Thamrait
Road is a principal
carriageway linking
North Oman with the
Dhofar Governorate
in the South. The Part
4 package covers the
dualization of a 135km
road, which is two to four
lanes from the Wilayat of
Muqshin to Wadi Duka.
Parsons International
has been appointed
as the study, detailed
design, preliminary
design and construction
supervision consultant,
the statement added.
According to the contract,
Galfar Engineering and Construction, an Omani Galfar will complete the work on Part 4 of the
contractor, has said that it has secured a contract Adam-Thamrait Road dualization project within
worth $298 million from the Ministry of Transport, three years, the Omani company added.
for the construction of a key stretch of the It said that mobilization work will take another
Adam-Thamrait dualization project. three months.

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