Announcement
30 Jun 2020
In June 2020, SAUDIA received financial support from both the Ministry of Finance and PIF to alleviate the repercussions of COVID-19.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
30 Jun 2020
Revocation date:
No revocation date
Updated: 30 Jun 2020
Capital injection and equity stakes (including bailouts)
In force
On 30 June 2020, the Public Investment Fund (PIF) granted to SAUDIA SAR 5.3 billion (approx. USD 1.4 billion) in the first half of 2020 to alleviate the repercussions of COVID-19.
The...
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Updated: 30 Jun 2020
Capital injection and equity stakes (including bailouts)
In force
On 30 June 2020, the Ministry of Finance granted SAUDIA SAR 1.2 billion (approx. USD 300 million) to alleviate the repercussions of COVID-19.
The action was introduced to compensate f...
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