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.
Saudi Arabia will begin privatizing its airports and related services in the first quarter of 2016, the country’s General Authority for Civil Aviation (GACA) said on Sunday
"During 2016-25, our upstream sector needs $176 b and the downstream sector needs $77 b of investment," said Ali Kardor, the deputy for investment affairs of the National Iranian Oil Company (NIOC)
The government-owned Oman Environmental Services Holding Company (Be’ah) plans to complete a detailed feasibility study of its landmark waste-to-energy initiative by the third quarter of this year.
State-owned energy investment firm Oman Oil Co (OOC) will announce a new structure later this year, chief executive Issam al-Zadjali told reporters on Sunday.