Kingdom Holding ups Flynas stake to 37%

17/09/2019 Argaam

 

Kingdom Holding Co. (KHC) has raised its stake in low-cost Flynas to 37 percent, the company said on its official account of Twitter.

 

KHC owns an equity of 34.08 percent in the budget carrier.

 

“The deal came in line with Saudi Vision 2030 aimed at making the Kingdom a global tourism hub,” KHC added.

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