Boodai Reliance buys 16.65% of Jazeera Airways for $209m after Boursa Kuwait approval
Boodai Reliance Real Estate has received regulatory approval from Boursa Kuwait to purchase a 16.65% stake in Jazeera Airways for $209 million. The approved transaction formalises the Kuwaiti investor's significant minority holding in the low-cost carrier listed as J9 on Boursa Kuwait.