• Home
  • Bahrain considering state-run fund for oil and gas assets; encouraged by Aramco IPO
Bahrain is considering creating a state-run fund upon which it could sell shares to public investors like what Saudi Aramco did last year. The Gulf’s smallest country will transfer its oil and gas assets into the fund to help Bahrain achieve a balanced budget. Oil Minister Mohammed bin Khalifa Al Khalifa announced that the government is working on the project, and that they are still deciding which assets to be put forth and how they will be valued.

Bahrain considering state-run fund for oil and gas assets; encouraged by Aramco IPO

Bahrain is considering creating a state-run fund upon which it could sell shares to public investors like what Saudi Aramco did last year. The Gulf’s smallest country will transfer its oil and gas assets into the fund to help Bahrain achieve a balanced budget. Oil Minister Mohammed bin Khalifa Al Khalifa announced that the government is working on the project, and that they are still deciding which assets to be put forth and how they will be valued.

Subscribe
Subscribe to Receive Latest Updates from GIF.