Sunday 16 June 2019

UPDATE 1- #Saudi crown prince says to finalise $533 mln privatisation deals this year -Asharq al-Awsat - Reuters

UPDATE 1-Saudi crown prince says to finalise $533 mln privatisation deals this year -Asharq al-Awsat - Reuters:

Saudi Arabia’s crown prince said on Sunday that the government will finalise privatisation deals worth 2 billion riyals ($533 million) before the end of this year, according to an interview with the Saudi-owned Asharq al-Awsat newspaper.

The privatisation drive is part of Vision 2030, a package of reforms led by Crown Prince Mohammed bin Salman that is intended to wean the economy off oil and create jobs for young Saudis.

The expected deals will be in sectors that include rain silos, medical and shipping services.

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