Category: privatization


China has launched a 350 billion yuan ($52.5 billion) state enterprise restructuring fund to advance its 'supply-side' reforms as the world's second-largest economy undergoes its most significant transformation in two decades. China has made reform of its lumbering and uncompetitive state-owned enterprises (SOEs) a priority as weak global ... Read More


KUWAIT: Minister of Commerce and Industry Dr Yousuf Al-Ali expects the privatization draft law to be ready in two weeks, adding that the ministry is preparing its final form to submit it to the National Assembly for discussion and approval. Ali said service sectors are closer to privatization, most notably ... Read More


The idea of privatizing Saudi Aramco, the national hydrocarbons giant in Saudi Arabia, appears to have re-kindled the privatization fire in the Middle East. While the announcement of what could theoretically be the largest initial public offering (IPO) ever envisaged startled even seasoned market observers, its modalities and timeline remain ... Read More


A resolution that would explore the idea of a public-private partnership for collection of residential garbage, recycling and yard trimmings stalled out Wednesday night at the Zero Waste Advisory Commission, where commissioners opted to table the resolution and take no action. But even the specter of the resolution caused problems. Carol ... Read More