Kuwait Airways capital hike approved

Kuwait – Mubasher: Kuwait’s parliamentary financial affairs committee approved Kuwait Airways’ request to avail of KWD 600 million from the public reserve to increase the capital, according to a statement.

The capital raise will help the company achieve its strategy that aims to promote competitiveness in terms of expansion and quality of services.

The company seeks to regain its position in the local and global markets.

Mubasher Contribution Time: 23-Jan-2017 03:39 (GMT)
Mubasher Last Update Time: 23-Jan-2017 03:39 (GMT)