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Abu Libdeh: forming a committee for extracting lessons from the failure of PALTEL-ZAIN deal

2009-11-25

Sae"d Abu Farha wrote:

Dr. Hasan Abu Libdeh the Minster of National Economy assured yesterday his confidence in JAWWAL"s ability to accomplish more success despite not completing the merger of PALTEL and ZAIN, indicating that a committee for excluding lessons with the presidency and membership of telecommunications and information technology ministry and capital market authority, and specifying the intransitive mechanisms to success any similar attempts in the future. Abu Libdeh said during his visit to JAWWAL"s headquarter "we had visited the company after the breakdown of the deal of PALTEL-ZAIN, assuring that this national pioneer company is having the full care of the political system, and we appreciate all the services that offers and its contribution in the gross national income in direct and indirect way, and we will extract the lessons from the unsuccessful merging trial".