March 22- Saudi Airlines has signed a deal with an affiliate of French investment bank Calyon to advise on an initial public offering of its catering company, it was learnt on Sunday.
The airline, one of the Middle East's largest carriers, launched a gradual privatization of its catering, cargo, maintenance, ground services and aviation services units to pave the way for a flotation of a stake in its core transport unit. In October, an airline official indicated that the IPO offering 30 percent of the catering unit would be held around the third quarter of 2010.
In July, a committee of Saudi Arabia's advisory Shura Council recommended an IPO for the airline, instead of selling off its units piecemeal. The airline has already sold to private investors a 49 per cent stake in the catering unit and 30 per cent of its cargo unit.
This is the largest Orthodox Churches in Western Europe and serves the small Orthodox minority in Helsinki. The church was built by the Russians and is quite architecturally magnificent. The five domes are said to be decorated with 22 carat gold on top. The church is one of the most prominent and eye catching buildings in the city. Opening Time: Opening times vary all year round, so call befo...
This eye-opening collection of artefacts are a must-see for visitors who want to know the real past of Jews in Germany. Items from over 2000 years ago are displayed. Although the holocaust is only a small section of the museum, its presence pervades the entire place. Website: www.jmberlin.de Lindenstrasse 9-14, Telephone: 25993300. ...
Built to herald the success of Vasco da Gama’s discovery of a sea route to India in 1498, this monastery is a beautiful structure, definitely wrought for ‘the glory of God’. This place was first occupied by monks under the Order of St Jerome; on dissolving in 1833, the building was used as a school and orphanage until 1940. Once you enter the church, after marvelling at the intricate stonework, yo...
Situated in the vaults underneath the Royal Palace, The Royal Armory Museum is truly a historical treat. The museum’s collection spans over 500 years of royal history replete with sagas of love and murder, weddings and death, victory and defeat. While at the museum, you can enjoy everything, from royal costumes, weapons, armors and carriages to preserved stomach contents of conspirators and assass...