VOL. XXXVI
NO. 5
2-NOVEMBER-1992
Financial and Banking News
REGIONAL FINANCING
Amiri Decree Paves Way for Privatization of Kuwaiti Telecommunications
The Amir of Kuwait has issued a decree paving the way for the privatizationof the country's telecommunications company. A new company will be set up withcapital of KD150mn ($509mn), part of which will be made up of the assets of theexisting state-owned telecommunications company (such as equipment and stock),with the remainder in cash. The government...
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