arab oil

Japan, Israel Upgrade Relations as Arab Oil Influence Wanes

By Tova Cohen TEL AVIV, Sept 5 – Japanese executives say they are increasingly drawn to investments in Israel as the price of oil falls and, with it, the influence Arab oil suppliers have on Japan’s decision-making. Over the past two years, Japan and Israel have strengthened business ties, signing a series of economic agreements

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Saudi Aramco Finalizes IPO Options and Plans Global Expansion

By Rania El Gamal DHAHRAN, Saudi Arabia, May 10 – Saudi Arabia’s state-owned oil giant is finalizing options for its partial privatization and will present them to its Supreme Council soon, its chief executive said about the centerpiece of the kingdom’s efforts to overhaul its economy. The company has a huge team working on the

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Business Outlook: Low Oil Prices, Stretched Finances

BY Leila Hatoum Oman plans to issue international sovereign bonds this year as a way to address its budget deficit, the country’s Undersecretary Minister of Finance Nasser Al Jashmi told Newsweek Middle East in an interview in Abu Dhabi. Lazard, a well-known international financial advisory and asset management firm, has been appointed by Oman to advise

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