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Saudia privatisation green light
- Saudi Arabia: Wednesday, March 22 - 2006 at 09:55
Saudi Arabia's Supreme Economic Council has approved a plan to privatise Saudi Arabian Airlines, reported Arab News. The carrier had already completed two of its three-step privatisation plan in anticipation of getting the go-ahead. The government is looking to offload $800m worth of its businesses in the next ten years, said a trade official.
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James McInerney, News EditorWednesday, March 22 - 2006 at 09:55 UAE local time (GMT+4)
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