Sunday 29 March 2015
 
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privatisation

Oman awards contract to study MEDC privatisation

Oman’s Electricity Holding Co (EHC) has awarded a contract to a consortium of advisors led by CPCS Transcom International to undertake a study for the privatisation of its subsidiary Muscat Electricity Distribution Co (MEDC), a report said

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Saudi eyes privatisation of key airports

Saudi Arabia is considering the privatisation of operations at some of its major airports, a senior official was quoted as saying. Major airports with huge domestic and international passenger traffic may soon be offered to the pr

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Saudi Arabia 'studying SWCC privatisation'

The privatisation of Saudi Arabia's Saline Water Conversion Corporation (SWCC) is being studied by the Supreme Economic Council and a decision on the matter is expected soon, Al Sharq Al Awsat newspaper reported on Monday, quoting unnamed so

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Saudi Arabia 'studying SWCC privatisation'

The privatisation of Saudi Arabia's Saline Water Conversion Corporation (SWCC) is being studied by the Supreme Economic Council and a decision on the matter is expected soon, Al Sharq Al Awsat newspaper reported on Monday, quoting unnamed so

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India kicks off privatisation drive

India's new right-wing government kicked off its troubled privatisation drive yesterday, selling a five per cent stake in the state-controlled Steel Authority of India Limited (SAIL) to generate revenue and plug a gaping budget deficit.

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Oman Air to be split up to form 3 firms

Oman plans to break up government-owned Oman Air, the country's loss-making national airline, this year, Minister for Financial Affairs Darwish Al-Balushi has said. "Oman Air is losing money, so it's going through a r

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Bahrain's Premier sets up privatisation panel

His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa yesterday issued an edict approving privatisation policies and regulations. A high privatisation committee will be set up under the chairmanship of a minister,

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Saudia to privatise strategic sectors in 2014

Four major sectors of Saudi Arabian Airlines (Saudia) are marked down for privatisation in 2014, said a top official. The units included Prince Sultan Aviation Academy, Saudia Private Airline, Medical Services, which include a 400

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Turkey may hold IPO for toll roads, bridges in 2014

Turkey will not privatise its toll roads and bridges this year but may hold an initial public offering for them in 2014, Finance Minister Mehmet Simsek told Turkey's CNBC-e television on Wednesday. A $5.7 billion tender for th

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India falls short in $2.5bn ONGC share sale

India fell just short of its target in a chaotic $2.5 billion auction of shares in Oil and Natural Gas Corp, getting off to a faltering start in its bid to revive government stake sales to patch its widening fiscal deficit. The country's t

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