Tag Archives: Persian Gulf Countries

France has a military base in Abu Dhabi and is a major seller of arms to the UAE.

The two countries initiated diplomatic relations in 1940 during World War II.

French Energy Company awarded a 20% stake in the Umm Shaif and Nasr concession. 5% interest in the Lower Zakum concession.

Saudi Arabia’s own 10-year U.S. dollar sovereign bond currently yields more than 4 percent.

Iran could receive transit fee from the passage of this pipeline from Turkmenistan towards the United Arab Emirates (UAE).

Officials and advisers involved in the process have also explored the possibility of not taking Aramco public at all.

Iran wants to see $60 a barrel to rein in shale producers. while Saudi Arabia’s budget needs $70.

Aramco is currently drilling for gas in Jafurah and in South Ghawar. the world’s largest oil field.

The project is expected to achieve a direct conversion rate from crude oil to chemicals of almost 50 percent.

New York and London have long been the clear frontrunners to host the international leg of the flotation. alongside a Riyadh listing.