OQ Base Industries Signs 10-Year Ammonia Offtake Agreement with Deepak Oman Industries

OQ Base Industries (OQBI) has entered into a long-term ammonia offtake agreement with Deepak Oman Industries, valid for up to 10 years with a potential three-year extension. This contract aims to provide a reliable and sustainable feedstock supply for Deepak Oman's chemical manufacturing operations. Additionally, in October, OQBI announced a cash dividend distribution of OMR 17.2 million for the first half of 2025, translating to 5 baisas per share.