Tag Archives: Persian Gulf Countries

Aramco is worth more than the top five oil companies – Exxon Mobil. Total. Royal Dutch Shell. Chevron. and BP – combined.

The budget deficit will widen to 6.4% in 2020 from 4.7% in 2019 as the government earns less from oil.

Omani industry minister said on Sunday that drone-manufacturing companies in his country require help from Iranian knowledge-based firms to improve their production quality.

Gholamhossein Shafei. the chairman of Iran'.s Chamber of Commerce. Industries. Mines and Agriculture (ICCIMA) met and talked with his Omani counterpart in Tehran on Sunday afternoon.

Tehran and Muscat will increase joint efforts in areas of maritime transportation. standard. and sports. as the two countries signed three Memoranda of Understanding (MoUs) in Tehran.

Iran and Oman are enjoying very close political relations which will bring about stronger economic ties. adding that he will have more meetings with Omani officials.

Iran and Oman share age-old and close diplomatic. economic. and commercial ties.

The 18th Iran-Oman Joint Economic Committee meeting kicked off in Tehran Saturday morning with ministers of two sides in attendance.

Aramco shares will begin to be trade publicly on Saudi stock exchange Tadawul next week.

The IPO will be priced on Dec. 5. the same day OPEC meets in Vienna. The OPEC+ grouping holds talks on Dec. 6.