Finance

KUWAIT AIRWAYS PRIVATIZATION IN DOUBT

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KUWAIT AIRWAYS PRIVATIZATION IN DOUBT

Although the Kuwaiti government has succeeded in convince the majority of Kuwait Airways’ 2,600-plus staff to retire, or take other government jobs, in order to cut its crippling wage bill, it may struggle to find a buyer for the 35% stake in the airline at the price it was hoping for. The governm...

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