privatization

  • SFE Widens Scope for Wataniya Buyers

    SFE Widens Scope for Wataniya Buyers

    Tuesday, 23rd February 2021

    The Sovereign Fund of Egypt (SFE) is expanding to franchisers as potential buyers for 80-90% of military-owned Wataniya Petroleum, CEO Ayman Soliman, stated.

  • HSBC to Manage AMOC’s Share Sales

    HSBC to Manage AMOC’s Share Sales

    Wednesday, 12th September 2018

    Alexandria Mineral Oils Company (AMOC) has chosen British bank HSBC to manage its share sales on the Egyptian Exchange later this year.

  • Kuwait Mulls Privatization of Oil Sector

    Kuwait Mulls Privatization of Oil Sector

    Tuesday, 12th July 2016
    The Kuwaiti Ministry of Finance and state-run Kuwait Petroleum Corporation are seeking to privatize the oil services sector as a part of a privatization program.
  • Nigeria to Increase Petrol Price, Considering Privatisation

    Nigeria to Increase Petrol Price, Considering Privatisation

    Wednesday, 6th April 2016
    Nigeria would review the price of Premium Motor Spirit –PMS, also known as petrol– in May, while Minister of State for Petroleum Resources hinted on a possible privatisation of the sector as lasting solution to its funding crisis
  • Tehran Protests Oppose Iranian Petroleum Contracts

    Tehran Protests Oppose Iranian Petroleum Contracts

    Wednesday, 3rd February 2016
    Iran's Oil Ministry has recently witnessed demonstrations criticizing the terms of the new Iranian Petroleum Contracts (IPCs) organized by student protesters, who are aligned with the Basij, a hard-line militia formed to uphold the principles of the Islamic Republic.
  • Nigerian State Oil Company to Hold IPO by 2018

    Nigerian State Oil Company to Hold IPO by 2018

    Wednesday, 13th January 2016
    Nigeria is planning an initial public offering for assets owned by its national oil company, the Nigerian National Petroleum Corporation (NNPC), by 2018, according to Nigerian Minister of Petroleum Resources, Emmanuel Kachikwu.
  • Aramco Targets Downstream Sector in Privatization Bid

    Aramco Targets Downstream Sector in Privatization Bid

    Monday, 11th January 2016
    Saudi Aramco's publicized plans to sell its shares on the open market are expected to target the downstream sector exclusively, according to initial announcements.
  • Saudi Aramco Confirms IPO Plans In Privatization Bid

    Saudi Aramco Confirms IPO Plans In Privatization Bid

    Sunday, 10th January 2016
    Saudi Aramco has confirmed that it was studying plans to issue Initial Public Offerings (IPOs) in a partial privatization bid of the world’s largest oil company.
  • Saudi Arabia Confirms Airports Privatization in Cash Crunch

    Saudi Arabia Confirms Airports Privatization in Cash Crunch

    Wednesday, 6th January 2016
    Saudi Arabia’s civil aviation authority announced that it would privatize Jeddah and Dammam airports in Q2 and Q3 of 2017, respectively, in line with previously publicized plans to bolster state finances strained under the sustained slump in oil prices.
  • Iran Seeking GDP Impetus in Mining, Downstream Sectors

    Iran Seeking GDP Impetus in Mining, Downstream Sectors

    Monday, 28th December 2015
    In response to the declining oil prices, Iran plans to increase the mining sector’s share in the country's GDP from the current less than 1% to more than 2% within ten years.