GIB Capital is pleased to announce its role as a Joint Lead Manager and Bookrunner for the issuance of $750mm Sukuk on behalf of Nama Electricity Distribution Company (“NEDC”), Oman’s single electricity distribution company covering the entire country with the exception of Dhofar region.

Osamah Shaker, CEO of GIB Capital, stated, “This issuance marks an important step in strengthening Nama’s ability to finance its projects. The strong demand reflects investor confidence in Nama and the regional Sukuk market. We are pleased to be part of this success and look forward to supporting Nama’s future growth.”

GIB Capital looks forward to continuing its successful collaboration with Nama in the future, reaffirming its commitment to delivering the best financial services and solutions to its clients.

Since its establishment in 2008, GIB Capital has been providing a range of innovative and customized financial and investment banking products and solutions, including asset management, capital markets advisory, mergers and acquisitions, debt capital markets, debt advisory and brokerage services