Saudi Airline Gets New Boss As Privatization Nears

Saudi Arabia appointed Khaled al-Mulhim as the new senior manager of Saudi Arabian Airlines on Tuesday, a move that could be a step towards privatizing the flag carrier.

Finance Minister Ibrahim al-Assaf said last week that the airline, one of the three largest in the Middle East and North Africa, could be the kingdom's next major privatization.

Al-Mulhim was instrumental in the privatization of Saudi Telecom (STC), which he left as chief executive in February.

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