Netanyahu determined in the face of obstacles

Article Abstract:

Israeli Prime Minister Benjamin Netanyahu remains firmly committed to privatization, regarding it as essential to continuous economic growth. In 1998, the privatization programme has mainly focused on selling state holdings in the country's banking institutions. However, there have been delays to the sale of large, non-financial businesses. Leading companies currently undergoing privatization include El Al Israel Airlines, Israel Aircraft Industries and Israel Chemicals Ltd.

Economic policy, Netanyahu, Benjamin

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Israel revives ambitious programme of sales

Article Abstract:

Israel has complete the privatisation of Israel Chemicals selling 24.9% to a local group. This is the first stage of the government's programme of sales for 1995 which aims to raise $1.5-2 billion. The global offer of 25% in Bezeq, the telecoms utility is being prepared, thought to be worth around $650 million. El Al, an airline, will also be privatised, along with Zim Israel Navigation.

All Other Miscellaneous Chemical Product and Preparation Manufacturing, Chemical preparations, not elsewhere classified, Chemicals NEC, Planning, Chemicals, Israel Chemicals Ltd.

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Uncertainty over timing of Bezeq sale

Article Abstract:

There is confusion surrounding the timing of further privatization of Bezeq of Israel, the telecoms utility. The prospectus concerning Bezeq shares was not sufficiently detailed, and there has been a delay while a new prospectus is drawn up. Cable & wireless (C&W) must also decide whether to raise its stake in Bezeq any further.

COMMUNICATION, Communications, Broadcasting and Telecommunications, Management, Telecommunications services industry, Telecommunications industry, Bezeq - The Israel Telecommunication Corporation Ltd.

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