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Nigeria's leading finance and market intelligence news report.

Mideast petrol states ramp up oil-asset sales to raise billions

Time was when the Middle East’s petrostates recoiled from using their crown jewels to raise money from foreign investors. Not any more. In the space of a few weeks, Saudi Arabia, the United Arab Emirates, Qatar, Oman and Kuwait have all accelerated multi-billion-dollar plans to sell energy assets or issue bonds off the back of…

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