“We have a clear pipeline of transactions. We just need to set the priority for them. We now have a lot more clarity than we did two or three years ago.”
-Rayyan Nagadi, head of the National Center for Privatization, on the completion of the sale of four flour mills which raised $1.54 billion but took five years to complete. Saudi Arabia is also expected to sell part of the Ras Al Khair desalination plant later this year, which could raise several billion dollars. [Bloomberg]
