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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.

Saudi Aramco unveils first dollar sukuk bond

     

    • The bonds will be issued in three tranches

    • The deal will consist of three, five and ten year tranches

    Saudi Aramco has unveiled its first US. dollar-denominated sukuk bond on Wednesday, which will be issued in three tranches, Reuters reported. The deal will consist of three, five and ten year tranches, revealed the term sheet seen by Reuters.
    Potential investors have been given pricing guidance for the three year of US Treasuries plus 105 basis points, for the five year of US Treasuries plus 125 basis points and for the ten year of US Treasuries plus 160 basis points.
    Aramco chose to issue Islamic bonds over conventional ones due to high demand for the instrument as a result of few dollar sukuk sales from the Gulf this year, a source told Reuters on Monday.
    The final terms and size of the transaction are expected to be set on Wednesday.
    Aramco has been widely expected to become a regular bond issuer after its debut $12 billion bond deal in 2019 was followed by an $8 billion, five-part transaction in November last year, also used to fund its dividend. There are 29 active and passive book runners on the deal, the term sheet showed.