Sun, Jul 23, 2017
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Kuwait seeks bids to buy stake in national carrier

Posted on 02 August 2011

Kuwait on Monday invited bids from local and international investors to buy a stake in Kuwait Airways as part of a privatisation process to turn the loss-making airline into profit. The privatisation committee of Kuwait Airways said in a statement that interested parties should submit their “expression of interest” to participate in the bidding for 35 percent of the airline.
Five percent will be granted to Kuwaiti employees while the remaining 20 percent will be held by Kuwait Investment Authority, the OPEC member sovereign wealth fund……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
July 2017
M T W T F S S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31