stock exchange | Egypt Oil & Gas

Aramco’s IPO to Affect Egypt’s Petrochemicals Sector

Saudi Aramco’s initial public offering (IPO) is forecasted to positively affect Egypt’s petrochemicals sector, Egyptian stock exchange expert Hanan Ramsis told Russia Today. Ramsis confirmed that the IPO will directly...

Iran to Offer Oil for Export on the Stock Exchange

Iran will soon offer 1 million barrels of oil destined for export on the stock exchange, head of the state-run National Iranian Oil Company (NIOC) was quoted as saying by the Islamic Republic News Agency (IRNA). Ali K...

Nigeria to Privatize NNPC

Nigeria’s Minister of State for Petroleum Resources, Ibe Kachikwu, released a draft plan to overhaul state oil company Nigerian National Petroleum Corporation (NNPC) and eventually list it on the stock exchange in a b...

Kuwait to Form Large Petchem Firm

The Kuwaiti Ministry of Commerce and Industry (MCI) approved a request from Kuwait Petroleum Corporation (KPC) to set a subsidiary under the name Kuwait Integrated Petrochemical Industries Company (KIPIC) with an esti...

Saudi Equity Market to Pull Away Investments from Oil Nations

Global equity markets are waking up to a new $558 billion magnet pulling cash out of developing nations from Russia to Malaysia. As Saudi Arabia lifts a ban on direct investments by foreigners, fund allocators are pre...

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