VOL. XXXII
NO. 16
23-JANUARY-1989
Financial and Banking News
INVESTMENT ACTIVITiES
IraqiPrivatization continues despite Problems
The Iraqi Government announced on 14 January that it is offering for sale the 307-room Baghdad Sheraton hotel as part of the privatization program which began in 1987. In September 1988 the Revolutionary Command Council decided to abolish the State Tourism Authority-owner of the Sheraton -and sell all its assets to the private sector in Iraq. The hotel is being sold to a...
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