VOL. XXXVI

NO. 42

19-JULY-1993

KUWAIT

Kuwait Goes Ahead With Plans For Privatization Of Oil-RelatedSectors

The Kuwaiti Minister of Oil, Mr. Ali al-Baghli, stated on 8 July that plansare well underway for the privatization of oil-related sectors and that a newindependent shareholding company is to be established by the government tohandle the privatization scheme. The company, whose shares will be sold toprivate citizens at a later date, will carry out the privatization of petrolstations, oil...