RIYADH: Aligning with its strategy to seek new investments in the Middle East and North Africa region, Saudi Arabia’s sovereign wealth fund has created a unit with a capital of $3 billion to invest in industries across Iraq. According to Muteb Al-Shathri, acting CEO of the Saudi-Iraq Investment Co., the investment unit will be headquartered in the Kingdom and will look for
By John Lee. Iraq's Minister of Oil has announced an agreement with Saudi Aramco to invest in the development of the Akkas gas field in Anbar province. During his participation in the Iraqi-Saudi Coordination Council, Hayan Abdul-Ghani said the field will have a target capacity of up to 400 million standard cubic feet per day.
Aramco to develop gas field in Iraq iraqinews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iraqinews.com Daily Mail and Mail on Sunday newspapers.
Saudi Arabias state oil and gas giant Aramco will invest in the development of the Akkas gas field in the Anbar province in western Iraq to boost production to 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdul Ghani said on Thursday
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