Italian oil and gas major Eni has received expressions of interest from sovereign funds for a 22.5 percent stake in Snam that it must sell to exit investment in the gas grid operator, an Eni source said on Sunday.
June 18, 2012 10:53
The investors will be part of over 10 cornerstones IHH plans to finalise by next week who will take up more than 40 percent of the $2 billion offering, sources with direct knowledge of the deal told Reuters.
June 6, 2012 12:01
Expenditures projected at 178 billion riyals, surplus 28 billion; Government sees surplus of 8 percent/GDP vs. 6.7 percent in 2011/12 – QNA; Spending on public wages jumps 48 percent, projects up 7 percent
May 30, 2012 12:37
Investors will grapple this week with major U.S. economic reports and the looming possibility of a Greek exit from the euro zone, which is likely to keep dragging on equities for weeks to come.
May 28, 2012 10:54