Saudi Arabia's privatisation push slows


Reformer: The privatisation programme is part of Crown Prince Mohammed Salman’s Saudi Vision 2030 to transform the economy and envisages the sale of stakes in ports, railways, utilities and airports. — AFP

RIYADH: Aramco may have grabbed the biggest headlines, but the oil giant’s delayed initial public offering is just the latest sign of Saudi Arabia’s slowing privatisation push.

The programme is part of Crown Prince Mohammed Salman’s Saudi Vision 2030 to transform the economy and envisages the sale of stakes in ports, railways, utilities and airports.

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Business , Saudi Arabia , privatisation , slows , Aramco , listing , economy ,

   

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