Israeli attacks leave at least 20 dead in Gaza
By Rodrigo Santos Andrade
Muhammad Ali, the privatisation adviser to the prime minister, has ruled out an outright sale of the Roosevelt Hotel in New York, opting instead for a development-led privatisation strategy aimed at maximising value from the PIA asset.
“The 16-storey Roosevelt Hotel will be privatised through a joint-venture or redevelopment model rather than a direct sale,” he said, during an interview on Aaj News talk show Spot Light on Wednesday, adding that the government believes an immediate disposal would fail to realise the property’s full potential.
#RooseveltHotel #Privatisation
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