Privatization Of Kuwait Airways Still Some Way Off
Early in February, the Chairman of the Board of the Kuwaiti national airline KuwaitAirways, Mr. Ahmad al-Mushari, announced that a feasibility study into the privatizationof the airline has now been completed by the Gulf Investment Company (GIC). Mr. Musharisaid that under the study, the government will retain 40% in the airline's stake and pass10% to the employees of the airline and 50% to the private...
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