Oman opens consultancy bids for women and children centre in Sultan Haitham City
Oman's Ministry of Health has opened financial bids for the design and supervision consultancy contract for the upcoming National Women and Children Centre in Sultan Haitham City, Muscat Governorate. The tender, issued on 19 March 2025 and closed on 15 May, attracted bids from 26 local and international firms.
The scope of the contract includes detailed design, construction management, and supervision services for the facilitity.
Fifteen firms submitted financial bids as follows:
Renardet SA and Partners Consulting Engineers OMR 5,597,86308 ($15 million)
Sabla Architects Engineers Construction OMR 5,098,758 ($13 million)
Maha Consulting Engineering OMR 1,963,21200 ($5 million)
EHAF Consulting Engineers OMR 1,359,810 ($3.5 million)
Advanced Engineering Consultants OMR 1,995,840 ($2 million)
TAHPI OMR 2,453,855 ($4 million)
Arabtech Jardaneh International OMR 2,273,762 ($5.9 million)
Nicholson Jones Partnership Engineering Consultancy OMR 1,819,440 ($4.7 million)
Al Sari Consulting and Investment OMR 1,993,530 ($5.2 million)
Ibn Khaldun Almadaen Engineering Consultants OMR 4,572,650.250($12 million)
Almanarah Engineering Consultancy OMR 2,321,760 ($6 million)
Khatib and Alami and Partners Consulting Architects & Engineers and Services OMR 3,797,009.440 ($10 million)
Ibrahim Jaidah Architects and Engineers OMR 2,705,158.114 ($7.02 million)
Design Group Engineering Consultants OMR 3,014,649.330 ($7.8 million)
Tusker Engineering Consultancy Group OMR 4,066,028.446 ($10.6 million)
Renardet SA and Partners Consulting Engineers submitted the highest bid at 5.6 million Omani rials (nearly $15 million), while EHAF Consulting Engineers offered the lowest bid at OMR 1.36 million ($3.5 million).
(Writing by Deva Palanisamy; Editing by Anoop Menon)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
29 minutes ago
- Zawya
$5bln boost for Sharia housing in Oman and GCC
MUSCAT: A major regional investment firm aims to accelerate the development of affordable, Shariah-compliant housing in Oman and the wider GCC, following a new strategic partnership between international finance institutions. BCIB Holding Co, Ltd, a Thailand-based financial service and investment banking firm, has acquired a 20 per cent stake in Amwalus Finance LLC, a US-incorporated financial institution with strategic operations in Oman, aligning both companies to jointly scale ethical housing finance solutions across the region. The investment is supported by a $5 billion Medium Term Note (MTN) issued by Bastion Commonwealth Investment Bank, the banking arm of BCIB Holding. According to BCIB Holding Co, the proceeds from the MTN will be used to finance housing projects that adhere to Islamic finance principles, addressing the growing demand for inclusive and affordable residential solutions in Oman and neighbouring Gulf countries. The agreement was formalised in a signing ceremony between Low Chun Keong, Managing Director of BCIB Holding, and Wassem Mesto, Managing Director of Amwalus Finance LLC, a wholly owned subsidiary of US-based Amwalus Trust. The ceremony was also attended by Dr Chutamas Vongvorakit, Co-founder and Chief Financial Officer of BCIB Holding. 'This strategic investment, backed by institutional financing through Bastion Commonwealth Investment Bank, underscores our commitment to fostering inclusive and sustainable development in Oman and across the region,' said Low. Amwalus Finance focuses on Shariah-compliant financing for affordable housing. With the new capital injection and support from its strategic partner, the company plans to expand its housing solutions across the GCC, targeting underserved communities. Wassem Mesto welcomed the partnership as a milestone for the company's mission. 'We are proud to welcome BCIB Holding as a key strategic partner in our mission to provide dignified, affordable housing guided by Islamic finance principles,' he said. 'With this collaboration, and the support of Bastion Commonwealth Investment Bank, we are well-positioned to scale our impact across the GCC and meet the growing demand for ethical, inclusive housing solutions.' The alliance reflects BCIB Holding's broader goal to promote long-term socioeconomic development through innovative Islamic financial instruments, with a particular focus on infrastructure and housing. Oman, which is advancing national priorities under Vision 2040, is expected to be a central focus of these investments. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Zawya
30 minutes ago
- Zawya
Oman: Sorouh residential project work in full swing
Muscat: Eighteen projects of the Sorouh Integrated Neighbourhoods and Housing Schemes Initiative have made significant progress in different governorates with some of them nearing completion of the first phase and ready to deliver housing units. The total investment value of the project exceeds RO 600 million covering a vast area of over 6 million square metres. Habiba al Amri, Project Engineer at the Sorouh Initiative, said that construction and infrastructure work on the integrated residential neighbourhoods is in full swing across various governorates. 'Among the most prominent projects currently witnessing remarkable progress is the Al Azm neighbourhood in Al Rustaq, where 100 per cent of the units offered have been sold with approximately 40 per cent of the construction work completed in the first phase and the delivery is scheduled for June 2026. Construction work is also proceeding at a rapid pace in the Al Samou neighbourhood in Al Mudhaibi, which has also recorded full sales. The first phase is almost 20 per cent complete with delivery scheduled for December 2026.' The Ministry of Housing and Urban Planning confirmed that the projects are not limited to their urban aspect alone, but also involve effective employment of national cadres with more than 360 Omanis working on the implementation of Sorouh projects. In addition, more than 145 small and medium enterprises have benefited from supply and contracting opportunities in 18 projects. In this regard, Sorouh represents a significant economic and social driver in the governorates, boosting local economy, providing job opportunities and supporting entrepreneurs. The ministry announced that the first phase of Sorouh involves18 projects on a total area of over 6 million square metres with an investment value exceeding RO 600 million benefiting more than 10,000 families. The ministry as signed 44 cooperation agreements to implement infrastructure works in several integrated residential neighbourhoods under the Sorouh initiative. These agreements cover 15 integrated Sorouh projects in different governorates including those of Al Ula, Al Ezz, Al Masarat, Al Shurooq, Al Naseem, Al Nama, Al Salam, Al Azm, Al Samou, Al Noor, Al Luban, Al Majd, Al Ahd, Hisn Al Zain and Tilal Al Nakhil. Mohammed bin Sulaiman al Kindi, Governor of Al Batinah North, said: 'The governorate attaches great importance to the integrated residential neighbourhood projects implemented by the Ministry of Housing and Urban Planning across the governorates. Among these projects are Al Ezz neighbourhood in the Wilayat of Liwa and Al Majd neighbourhood in the Wilayat of Suhar which embody a modern vision for providing integrated residential environments. The availability of services and integrated infrastructure meet citizens' aspirations and keep pace with the rapid urban expansion in the governorate.' Najeeb bin Ali al Rawas, Governor of Al Dhahirah, said: 'Focusing on development and real estate projects in Al Dhahirah Governorate is a fundamental pillar of comprehensive development, given their pivotal impact in enhancing economic and social stability and providing modern urban environments that meet citizens' needs and aspirations. The real estate development projects within the Sorouh initiative are not limited to urban development but also spur economic activity, attract investment and strengthen public-private partnerships. This contributes to generating job opportunities and empowering local communities in line with the goals of Oman Vision 2040.' 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Zawya
30 minutes ago
- Zawya
Insurers' total investment in Oman drops to $1,748mln
Muscat: Total investments by insurance companies in Oman amounted to approximately RO673.1mn by the end of 2024, compared to around RO838.6mn at the end of 2023, recording a sharp decline of nearly 20%. Data issued by the Financial Services Authority (FSA) indicated that investments by national insurance companies during 2024 stood at approximately RO427.24mn, while investments by foreign insurance companies totalled RO245.86mn, according to an Oman News Agency report. The financial data showed that national insurance companies' investments were primarily concentrated in bank deposits across general insurance, life insurance, and savings insurance categories in both 2023 and 2024. Investment in bank deposits accounted for 51.4% in 2024, up from 40.5% in 2023. In contrast, the total investment by national insurance companies in all other investment vehicles combined did not exceed 48.6% in 2024 and 59.5% in 2023. As for foreign insurance companies, their investments also focused on bank deposits (general, life, and savings), representing 65% in 2024, compared to 65.2% in 2023. Investments in government bonds reached 26% in 2024, up from 24.8% in 2023. The combined percentage of foreign companies' investments in other asset classes did not exceed 9% in 2024 and 10% in 2023. Statistics issued by the Financial Services Authority revealed that the total return on insurance companies' investments in 2024 fell by 30.1% to just over RO34mn, including RO21.975mn in returns fir national companies and RO12.071mn for foreign companies. Regarding investment returns by category, returns from real estate increased by 35%, while returns on bank deposits for general and health insurance rose by 17.8%. In contrast, returns on life and savings insurance deposits declined by 22.6%, and returns on government bonds fell by 9.1% between 2023 and 2024. Investment returns on stocks listed on the Muscat Stock Exchange decreased by approximately 84.2%. © Apex Press and Publishing Provided by SyndiGate Media Inc. (
