MUSCAT, OMAN – OQ Gas Networks (OQGN) has signed three complex financing agreements with local and regional banks for a total commitment of US$1.2 billion.
OQGN is the exclusive operator of the natural gas transportation network in Oman.
This is considered one of the largest syndicates of Sharia-compliant financing in Oman, a release issued by the company said.
This will provide the company with access to capital in dual currencies – OMR 225 million & US$620 million.
By signing up you agree to our Terms of Use and Privacy Policy
ABU DHABI, Â UAE – The Environment Agency – Abu Dhabi (EAD) has issued a policy on sustaining marine water quality that reviews the current situation and main challenges related to…
GCC-listed companies' net profit dropped to US$ 57.9 billion in Q2-2023. While retail, capital goods, and utilities sectors faced profit declines, the banking sector thrived.
Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare.
WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs in 2020 alone, travel and tourism has recovered and is set to reach new heights.…
