Bahrain MPs propose privatising gov’t assets
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Bahrain MPs have called for the government to place a 30 percent cap on its stake in state-owned assets as it aims to boost government revenues in the wake of falling the oil price, it was reported.
Lawmakers called for Mumtalakat Holding Company, the Gulf state’s its sovereign wealth fund, to reduce its stakes in government owned assets to 30 percent, according to a report by Gulf Daily News.
Mumtalakat currently owns stakes in a range of companies including, flag carrier Gulf Air, Read more [...]
