Energy Development Oman (EDO) has announced the s issuance of a USD 10-year Sukuk of RO 250 million ($650 million), maturing in January 2036. This marks EDO’s third US dollar Sukuk issuance, building on the company’s earlier transactions in 2023 and 2024. The issuance attracted strong and diversified participation from investors across Asia, Europe, the GCC, the UK and the US. With this latest transaction, EDO extends the average tenor of its debt portfolio while further optimising its overall cost of funding. We are pleased to have locked in a significant portion of our financing requirements early in 2026, given the uncertain global outlook.