Etisalat has also won accolades from across the region for its nationalization programme.

The store had been a highly successful business in the 1950s and 1960s before Baathist government's nationalization program of imports.

A comprehensive nationalization program followed, and the government expropriated factories, utilities, and more land.

The government also undertook nationalization programmes and the expansion of the public sector and the welfare state.

American oil companies operating in Venezuela were bought out in 1975 under a nationalization program.

But the Treasury was near bankruptcy and Labour's nationalization programs were expensive.

The nationalization programme was implemented for the first time in the history of Pakistan and it was promulgated through three different stages.

From 1999 to 2010, the nationalization programme was swiftly ended and effectively came to its end until 2011.

The current nationalization programme remains intact to restructured and made profitable while remaining within government ownership.

At an international level, the United States fully opposed the nationalization programme and marked it as "ill-considered" decision of the government.