Citizens may get 40 per cent in Kuwait Airways privatisation

Issue 922 - 27 Apr 2012 | 1 minute read

The cabinet has approved a draft law to privatise Kuwait Airways – amending original plans to offer a 40% stake to the public with a new plan to give 40% to Kuwaiti citizens instead. Parliament initially approved privatisation plans in 2008, but they were delayed by restructuring at the troubled corporation (GSN 824/23, 826/3, 839/3).

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