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Bahraini MPs urge privatisation of top state firms

MANAMA, January 27, 2016

Bahraini MPs want to fully privatise some of the country’s biggest companies in which the government has a stake, pumping billions of dinars into public sector coffers. Parliament yesterday (January 26) proposed an initial 30 per cent cap on the amount of shares the government could have in non-oil enterprises through Bahrain Mumtalakat Holding Company, its sovereign wealth fund, said a report in the Gulf Daily News (GDN), our sister publication.
 
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Tags: Bahrain | firms | Privatise | state |

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