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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

PIF appoints former Samba CEO as head of compliance

    • Rania Nashar has more than two decades of experience in the banking sector

    • PIF has increased its employees from 40 in 2016 to more than 1,100 employees today

    Saudi Arabia’s Public Investment Fund (PIF) said it appointed Rania Nashar, former CEO of Samba Financial Group, as its head of compliance and governance, Al Arabiya reported.

    Nashar joined the fund as a senior adviser to its governor, Yasir Al Rumayyan, in January of this year. She brings with her more than two decades of experience in the banking sector.

    PIF recently announced the appointment of Eyas Al-Dossari and Omar Al-Madhi as senior directors to its MENA investments division, and Abdullah Shaker as senior director to its Global Capital Finance Division.

    The fund said this month that it had created the position of the deputy governor to support the fund’s continued growth and expansion.

    Saudi Arabia’s $430 billion PIF is one of the largest and most influential sovereign wealth funds in the world, and the main driver that supports the economic transformation of the Kingdom in accordance with the Kingdom’s Vision 2030 goals.

    PIF has increased its employees from 40 in 2016 to more than 1,100 employees today.