VOL. XXXV
NO. 10
9-DECEMBER-1991
Financial and Banking News
Financial Issues
Yemen to Buy out Saudi Share in National Airline
Yemen is to take over Saudi Arabia's 49% share in the Yemenia Airline by theend of the year, according to the airline's chairman, Mr. Ahmad al-Himi. In aninterview with the weekly Aden magazine, Mr. Himi declined to say what price, ifany, Yemen would pay for the Saudi shares. Saudi Arabia subscribed all ofYemeneia's YR260mn ($12.3mn) capital, but has only 49% of the shares....
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