Tag Archives: Persian Gulf Countries

The processes involved in a single Bitcoin transaction is equivalent to providing electricity to a British home for one month.

When the IPO was initially flagged in 2016. Saudi officials hoped it would raise as much as $100 billion.

The committee groups representatives are from Saudi Arabia. Russia. the United Arab Emirates. Kuwait. Algeria. Venezuela and Oman.

Adnoc began a wide-ranging shake-up in 2016 to tackle competition from new producers such as US shale firms.

A rise in spending would expose the Saudi budget if there was an unexpected drop in oil prices.

Almost 16 banks are expected to participate in the lending process. with the lead banks to be selected later Thursday.

Kuwait is the Middle East region’s fifth-biggest oil producer but has limited gas resources.

To prepare for the listing of Saudi Aramco. the government has undertaken a number of major preparatory measures.

The government remains committed to the IPO of Saudi Aramco at a time of its own choosing when conditions are optimum.

Earlier this month. Yemen was said to have resumed oil exports.