Airline
Kuwait Airways a step closer to public share sale
March 6- Kuwait’s largely unprofitable airline, Kuwait Airways, is getting closer to being closed as the Kuwait Investment Authority has set up a company to hold its assets, said the airline Chairman Hamad Al Falah. The company has one done to complete the privatisation process and the new company will be named Kuwait Airways Co.
Kuwait Airways has not made any profit since the Iraqi invasion in 1990. Thus, it was in January 2008 that Kuwaiti parliament decided to sell 80 per cent of the shares invested in the airline.
More Airline
Latest Travel News
Featured Sights To See
Sultan’s Palace
Muscat, Oman
The Sultan’s Palace is one of the more prominent features in the city, specifically within the Old Muscat region. The blue and gold mushroom pillars are among the more distinctive features of the palace. There are several locations in the nearby area where you can get a good view of the palace, most notably the roundabout on the inland side. The palace is undergoing some rennovations to increase i...
Casa Amarilla
Caracas, Venezuela
Address: Centro, western edge of Plaza Bolívar Originally a prison cum sanitarium in the 17th century, Casa Amarilla is also known popularly as the Yellow House because of the shade of lemon yellow given to it after the country’s independence. Casa Amarilla is a treat to the eyes – or whatever you can catch of it today, as it is currently the Foreign Affairs office and visitors are generally ...
Blue Mosque
Istanbul, Turkey
The Blue Mosque (aka the Sultanahmet Mosque) is a defining part of Istanbul. It was built in the 17th century by Sultan Ahmed I to ease the pain of a string of military defeats in Persia. Whereas past imperial mosques were paid for with the spoils of war, the Blue Mosque was built with money borrowed from the treasury. Construction began in 1606 and was completed in 1616. ...
Museo Nacional de Arte
Mexico City, Mexico
Address: No. 8 Tacuba, Col. Centro, Mexico City. Phone: 5130 3400 Fax: 5130 3401 Website: http://www.munal.com.mx/ Timings: Tuesdays to Sundays: 10 am to 530 pm Admission: 30 pesos Tuesdays to Saturdays. Free admission on Sundays. This is the city’s signature art museum. Housed currently in a formal-looking 1904 building with orderly, elegant fenestration t...