CAIRO -- 1 March 2018: The European Bank for Reconstruction and Development (EBRD) would be interested in buying a stake in state-owned
banks if the government decides to privatize the state owned banks, the Managing Director for the Southern and Eastern Mediterranean (SEMED) region at EBRD Janet Heckman.
The paper obtained the document following President George Weah's two weeks ultimatum to former government officials who are yet to turn over state-owned
properties nearly two months after the new regime took office.
by Times News ServiceThe advisors were appointed after the country's cabinet decided to privatise state-owned
If Oman's state-owned
companies choose to be listed on the Muscat Securities Market (MSM), it will help them to improve efficiency and profitability apart from benefitting ordinary investors in the capital market, according to the executive president of the Capital Market Authority (CMA).
Daniyal Aziz said that the government has decided to privatize all the state-owned
companies that are costing billions in losses so that these losses of the government will be minimised and the performance of these state owned organizations could be improved.
The plan says central and regional state-owned
and state-holding medium and large-sized enterprises and financial institutions need to transfer part of their capital.
After taking quick analysis of the state-owned
companies, in last four years or in the tenure of business friendly government of Prime Minister Nawaz Sharif where tall claims of economy revival were trumpeted, the condition of the companies remained unchanged and after every passing year losses or debt and liabilities rises sharply.
The National Press Authority (NPA) announcedon Wednesdaythe Head of Press Syndicate Abdelmohsen Salama as the new chairperson of the main state-owned
newspaper, Al-Ahram, during a press conference.
Pay stubs showing astronomical salaries being paid to executives of state-owned
businesses have been published in the media in recent weeks, prompting a furious outcry.
Global Banking News-March 18, 2016--Indian private banks report higher bad loan than state-owned
China will combine two of its state-owned
shipping giants, the companies said, the sector's second multi-billion-dollar merger in a month as the government pushes consolidation of its nationalised enterprises.
The head of the state-owned
Bulgarian Energy Holding (BEH) has praised officials for helping avert a crisis in gas supplies that could have followed a halt in deliveries from Gazprom Export to Bulgaria's biggest private gas supplier.