Saudia to offer three associate companies in an IPO soon
Saudi Arabian Airlines (Saudia) is currently conducting the necessary procedures in preparation for offering three of its associate companies in an initial public offering (IPO), which are expected to take place soon, said Saleh Bin Nasser Al-Jasser, General Director of Saudia. He further added that the completion of Saudia's privatisation process depends largely on improving Saudia’s overall financial performance. (Argaam)
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