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Saudi airports privatization plan extends over 18 months (AFP/Getty Images)
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Saudi capital Riyadh (AFP Photo/Saul Loeb)
Saudi Arabia: 16 State Agencies Ready for Privatization
Riyadh– Chief Executive Officer (CEO) of the National Center for Privatization of the Saudi Ministry of Economy and Planning Turki al-Hugail announced that 16 state institutions are ready to enter the first phase of the privatization program. The agencies were chosen...Caption:
Privatization will not be broached to production in Kuwait
Kuwait Studies Plans on Publicly Listing Four Oil Subsidiaries
Khobar- It seems that regional oil companies will soon be taken over with a raging fever for privatization. Soon after Saudi Arabia announced intentions on offering a low but effective five percent of the Saudi oil giant Aramco to public stocks, Kuwait followed...Caption:
Saudi Water Desalination Makes First Privatization Step
Dammam-Saudi Arabia needs investments worth USD53.3 billion in the water sector till 2025, to cope with the population growth and the increased demand for desalinated water. The Kingdom faces a heavy challenge by getting 60% of its water needs from the desalination of...Caption:
Saudi Arabia Targets Privatizing Electricity Sector