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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

OQGN inks $1.2bn financing deal

The deal has been signed with local and regional banks (WAM)
  • 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.

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.