Sunday 24 September 2017
 
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privatisation

Saudi sets up supervisory committees for privatisation

Saudi Arabia has established privatization Supervisory Committees (SCs) with a definitive mandate to function as executive facilitators for multiple sectors which are to be privatised over the next 10 years. The committees, annnou

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Saudi Arabia to privatise all airports by year-end

All airports in Saudi Arabia will be privatised this year in order to improve services being rendered to passengers and cut public expenditure, a senior official has revealed. Speaking to Al-Eqtisadiah daily, Abdul Hakeem

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'Privatising airports will drive growth'

As passenger volumes continue to grow and airlines worldwide expand their fleets, airport infrastructure is fast becoming a growth bottleneck. Privatisation has an important role to play in eliminating this barrier to growth, acco

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'Privatising airports will drive growth'

As passenger volumes continue to grow and airlines worldwide expand their fleets, airport infrastructure is fast becoming a growth bottleneck. Privatisation has an important role to play in eliminating this barrier to growth, acco

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Kuwait mulls privatisation of oil services sector

Kuwait is mulling the privatisation of its oil services sector, a senior finance ministry official said on Tuesday, although any such plans would not include the Gulf Arab state's production capability.   The

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Kuwait mulls privatisation of oil services sector

Kuwait is mulling the privatisation of its oil services sector, a senior finance ministry official said on Tuesday, although any such plans would not include the Gulf Arab state's production capability.   The

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Saudi eyes privatising postal system by early 2017

Saudi Arabia is likely to start privatising its postal system by early next year, telecommunications minister Mohammed al-Suwaiyal said, in a test case for a series of state asset sales. Under economic reforms announced this week,

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Agility may bid for Kuwait airport management

Kuwait's Agility, the largest logistics company in the Gulf, will be interested in bidding for Kuwait's airport and ports if their management is offered for privatisation, the chief executive Tarek Sultan said on Wednesday.

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Irish firm wins bid for Riyadh's Terminal 5

Irish firm daa International has won a major contract to manage and operate the new Terminal 5 facility at Saudi Arabia’s King Khaled International Airport (KKIA) in Riyadh. Daa International was chosen to operate the new 106,500-

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Saudi to privatise Jeddah, Dammam airports in 2017

Saudi Arabia's civil aviation authority will privatise Jeddah and Dammam airports in 2017, the regulatory said on Tuesday. Foreign companies will be allowed to invest in the airports being privatised without the need for local partn

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