NO. 21


Financial and Banking News

Regional Financing

Saudia Aircraft Order Presents Financial Challenge But Could Not BeDelayed

Saudi Arabia's decision to spend some $6bn refitting Saudia airline addsanother item to the already long list of financial commitments which the Kingdomwill have to juggle during the next few years. The fact that most of the $6bnwill be backed by the US Export-Import Bank will ease the task of rounding upinternational lenders - since the loans...