Privatization

AlBaraka Islamic Bank (AIB) is a leading of Islamic bank in Pakistan and has operated in the country as branches of AlBaraka Islamic Bank Bahrain since 1991. It is a leading provider of banking in compliance with Shari’ah principles and has 18 branches in 10 major cities of Pakistan. All if it's banking activities are regulated by a Board of Shariah Advisors based at the Head Office in Bahrain and a Shariah Advisor based in Pakistan, to ensure compliance with the standards of Islamic Banking principles.

DynCorp does not like to be compared to controversial contractors such as Blackwater and KBR, but the company does exactly what they do. It performs a wide range of functions for U.S. government agencies, including security and support services in war zones such as Iraq and Afghanistan. While DynCorp is not quite as well known as those other private military companies, it has had its share of scandals.

URS Corporation has used a series of acquisitions—most recently Washington Group International—to propel itself to the top tier of international engineering firms, joining the likes of Bechtel and Fluor. The company is also a major contractor to the U.S. federal government (the source of 41% of revenues in 2007) in the areas of systems engineering, technical assistance, operations and maintenance. Much of the federal work flows through URS’s EG&G Division.

Stanley Inc. (also known by the name of its subsidiary Stanley Associates) is a rising star among providers of information technology and business process outsourcing services to the U.S. federal government, particularly the Department of Defense, from which it gets about two-thirds of its revenues. The rest comes from civilian agencies ranging from the Department of Justice to the Library of Congress. At the end of its last fiscal year, the company had a contract backlog worth about $975 million.

'''Sodexo''' (Sodexho Alliance prior to 23 January 2008, Euronext: SW) is a French multinational corporation and one of the largest food services and facilities management companies in the world. It is present in 29,000 sites within eighty countries, earning revenue in 2007 of €13.385 million. Sodexo has two major lines of business: food and facility management services, and service vouchers and cards.

Vale (known until 2007 as Companhia Vale do Rio Doce) is a diversified mining multinational corporation and one the largest logistics operators in Brazil. In addition to being the second-largest mining company in the world, Vale is also the largest producer of iron ore, pellets, and nickel. Vale is also a world-class producer of manganese, ferroalloys, copper, bauxite, potash, kaolin, alumina and aluminum. In the electric energy sector, the company participates in consortia and currently operates nine hydroelectric plants.

Accenture Ltd. is the largest consulting firm in the world, incorporated in Bermuda with its main U.S. office in Chicago, Illinois. It has made the outsourcing of jobs into big business.

The company was established as the consulting wing of Arthur Andersen, Andersen Consulting, splitting off in 2000, when it changed its name to Accenture.

Telefónica, S.A. is one of the largest telecommunications companies worldwide. Based in Spain Telefónica owns and operates neumerious fixed-line and mobile communications companies around the globe; of the five major telecommunications companies worldwide Telefónica is second in terms of clients and in 2007 ranked fourth behind China Mobile, AT&T, and Vodafone in market value.

Vimta Labs is an India contract research organization (CRO) based out of Hyderabad.

GlaxoSmithKline plc is a British based pharmaceutical, biological, and healthcare company. GSK is a research-based company with a wide portfolio of pharmaceutical products covering anti-infectives, central nervous system (CNS), respiratory, gastro-intestinal/metabolic, oncology, and vaccines products. It also has a Consumer Healthcare operation comprising leading oral healthcare products, nutritional drinks, and over the counter (OTC) medicines.