28-Jun-2010 6:03 PM

Kuwait Investment Authority to start bidding process for Kuwait Airways this year

Kuwait Investment Authority (KIA), which is overseeing the privatisation of Kuwait Airways, reportedly awarded Abdulhameed Al-Sarraf and Partners and Baker and McKenzie a contract to provide legal advisory services on the privatisation of the carrier (MEED/AMEInfo, 28-Jun-2010) The consortium will reportedly prepare a preliminary report on the legal ramifications and processes required for the sale of the carrier by the end of Aug-2010, with KIA reportedly planning to start bidding for the company by the end of the year.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More