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Saudi airline sees catering unit IPO by end-2011Saudi Arabian Airlines expects to hold the delayed initial public offering for its catering unit by the end of 2011, its director general said on Tuesday. The IPO, which analysts estimate to be worth between $400 million and $540 million, More… |
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Saudi Arabia licenses pilgrimage airlineSaudi-based pilgrimage airline Alwafeer Air has obtained an operating licence and is expected to start flying during the Haj season in November, an official said on Sunday. The Jeddah-based airline is the kingdom's fourth after state-owned More… |
