VOL. XXXVIIINO. 821-NOVEMBER-1994

Financial and Banking News

Regional Financing

Prince Sultan Confirms Delay Of Saudia's $6Bn Aircraft Order

Prince Sultan ibn 'Abd al-'Aziz, the Saudi Minister of Defense and Aviation,confirmed on 13 November that the $6bn fleet replacement order for Saudia isbeing delayed. Asked whether the contract was being delayed the Prince said,"This is in fact true. But I cannot express my own opinion because thewhole subject is under discussion" (MEES translation). The...