Page 3 - Privatisation Programme News Today

ISLAMABAD: The first session of the Cabinet Committee on Privatization (CCoP) under Foreign Minister Ishaq Dar...

The case seeking to stop the transaction will be heard on April 22.

ISLAMABAD: The government is likely to sell GoP shares in First Women Bank Limited (FWBL) to United Arab Emirates...

Egypt aims to raise approximately USD 6.5 billion (EGP 200.8 billion) through the privatisation of state-owned companies and assets by the end of this year, Minister of Finance Mohamed Maait announced on 13 February, according to a press release on the ministry’s website. “[The programme] contributes to attracting more investments, maximising the role of the

CCoP increases Privatisation Commission budget by Rs2.2b or 175%

A delegation from the International Monetary Fund (IMF) is currently visiting Egypt since 19 January to discuss the first and second reviews of the country’s USD 3 billion (EGP 92.4 billion) loan and reform program, according to a spokesperson statement to Reuters. The multilateral lender did not clarify whether the visit includes discussions on providing

Abu Dhabi investment company, ADQ, and its subsidiary ADNEC Group, announced on 12 January the acquisition of 40.5 percent of ICON, the hospitality arm of Egypt-based Talaat Mostafa Group through a capital increase. The signing agreement marks ADQ’s acquisition of stakes in ICON’s pre-existing portfolio of luxury hotels and resorts, including seven famous historic hotels

Nairobi Senator Edwin Sifuna has said that a referendum should have been held before the proposed sale of government parastatals such as the Kenyatta International Convention Centre (KICC) and the Kenya Pipeline Company (KPC).

KSC is among 11 state run entities that will be handed over to private operators in the State Privatisation Programme

The National Treasury and Economic Planning ministry has published a list of 11 State Owned Enterprises it seeks to finalize their privatization by the end of the year.