VOL. XLIII

No. 42

16-OCTOBER-2000

SAUDI ARABIA

Saudia Mandates BNP Consortium As Advisors On Privatization

Saudi Arabias national carrier Saudi Arabian Airlines (Saudia) announced on 8 October that it had awarded a contract to a BNP Paribas-led consortium comprising SH&E, Gulf Investment Corporation in partnership with Gulf International Bank and KPMG Consulting to act as sole financial advisors on the privatization of the airline. Defense Minister and Saudi Airlines chairman Prince Sultan ibn...