Latest Breaking News On - சவுதி அரேபியா அக்டோபர் - Page 1 : comparemela.com

Analysis-Riding the oil price rebound: Gulf states to accelerate asset sales FILE PHOTO: An employee looks on at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov//File Photo August 3, 2021 By Hadeel Al Sayegh, Saeed Azhar and Davide Barbuscia DUBAI(Reuters) – Saudi Aramco and other Gulf oil producers are following in the footsteps of Abu Dhabi with plans to raise tens of billions of dollars through sales of stakes in energy assets, capitalising on a rebound in crude prices to attract foreign investors. The moves, in a region traditionally possessive of its refineries, power plants and pipelines, highlight the pressure on petrostates to raise funds to diversify their sources of revenue and to bolster national finances hit by a recent slump in oil prices and the coronavirus pandemic.

Saudi arabiaUnited arab emiratesAsh sharqiyahAbu dhabiHadeel al sayeghDavide barbusciaSaeed azharCarmel crimminsSaudi aramcoAbu dhabi national oil coAbraj energy servicesSaudi arabia octoberசவுதி அரேபியாஒன்றுபட்டது அரபு அமீரகங்கள்ஹடீல் அல் சயெக்சயீத் அஜார்