oil dependency

Moelis & Co as Sole Adviser on Saudi Aramco IPO

New York based investment bank, Moelis & Co, has been chosen as the sole independent adviser for the planned initial public offering (IPO) of Saudi Aramco.

Oil Prices Shift Gulf Arab States to Tech Start-Ups

The U.A.E.’s leadership declared 2015 the “year of innovation,” reflecting aspirations of the Gulf Arab nations to diversify away from oil.

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