06/03/2003 Maghreb Confidential N°593

ALGERIA

WILL KHALIFA AIRWAYS RESCUE KHALIFA BANK?

Rafik Khalifa, owner of the beleaguered Khalifa group, is reportedly thinking selling off assets of Khalifa Airways and of transferring its traffic rights to Air Algerie and Aigle Azur to save his banking establishment, Khalifa Bank, that has been put under administration by the Banque d'Algerie. (...)   [112 words]   [€1,5]
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