Gulf weekly: Aramco woos investors and Adu Dhabi hikes its oil and gas reserves
GULF COUNTRIES
- Report
10 Nov 2019
by Justin Alexander
Aramco released its prospectus and continued efforts to woo and cajole IPO investors, but questions remain. Abu Dhabi announced revised up its oil & gas reserves by the most in over 30 years, jumping to 6th place globally. Kuwait experienced rare protests (inspired by Iraq and Lebanon) and Qatar outlined plans for elections in 2021. A series of developments with Iran, including further uranium enrichment, drew attention back to underlying regional tensions.
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