| 04.07.2011 - Kuwait Airways to get $128 mln boost from KIA |
| Kuwait Investment Authority will contribute 35 million dinars ($128 million) to make up for a decline in Kuwait Airways Corp.’s market value, Al-Watan reported, citing a report by the fund. The value of the state-owned carrier being prepared for sale dropped to 185 million dinars from 220 million dinars, according to the newspaper. The wealth fund’s contribution is a step toward the carrier’s sale, Al-Watan said..............................................Full Article: Source |