VOL. XXXVII

NO. 28

11-APRIL-1994

Financial and Banking News

Capital Markets

Feasibility Studies For UAE Privatization

The World Bank's recommendation to privatize some state- owned organizationsin the UAE and set up a stock market there received a boost last month when theUAE Council of Ministers formally requested the Federal Ministry of Finance andIndustry to complete the necessary feasibility studies. According to theMinister of State for Finance and Industry, Mr. Ahmad al-Tayir, the...