Russia and China set to join forces in Saudi Aramco IPO

A joint Russia-China investment fund  is gearing up to participate in Saudi Aramco’s forthcoming IPO, the CEO of…

ADNOC planning $14bn float of UAE gas stations as Gulf states diversify

Abu Dhabi’s state-owned oil company ADNOC is planning to float a stake in its retail distribution…

Soaring gold prices tempt Polyus back to market

Encouraged by an 11% rise in global gold prices this year and by a separate $887m…

Sinopec considers IPO for retail arm

The state-run China Petroleum & Chemical Corp (Sinopec), was this week reported to have dusted off…

Vodafone ready to pump $3bn into India before spectrum auction

Vodafone: Faced with increasing competition from Mumbai’s Reliance Jio Infocomm and with a national  spectrum auction due…

Goldman Sachs buys stake in SOCAR Turkey prior to IPO

The Goldman Sachs investment bank has bought a 13% stake in SOCAR Turkey for $1.3bn, the Azeri…