More dealsThe region could see several more billion dollars worth of infrastructure deals over the next 12 months, said Rajesh Singhi, Standard Chartered’s global co-head of M&A advisory. The bank advised on Abu Dhabi’s AED3.8bn ($1.03bn) sale of PAL Cooling Holding last year and is preparing more district cooling assets for sale, Singhi said. Besides the gas-fired plants sale, Aramco could divest other assets such as housing, pipelines and port infrastructure, sources have said. State oil companies are pursuing these deals despite having access to cheaper debt, partly to diversify funding sources and draw in long‑term institutional investors, sources and analysts have said. A typical Gulf pipeline transaction gives investors a minority stake in a ring‑fenced entity with long‑term lease payments.