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Tuesday, November 10 - 2009

SCC, Saudia catering stake

  • Saudi Arabia: Monday, September 24 - 2007 at 08:40

The Strategic Catering Company (SCC), a consortium comprising the Abdul Mohsen Al Hokair Tourism and Development Company, Fowzan Holding and Newrest Group Holding, has secured a 49% stake in Saudi Catering, Saudi Arabian Airlines' (Saudia) catering division, reported Arab News. The sale is part of the airline's strategy to divide its various units into separate companies prior to privatisation.

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