I think that was the planned name for the Saudi airline they were planning to open to operate the domestic flights in Saudi Arabia, but in the las months I have not heard anything about it.
Maybe the long rumored C-series planes are for that venture and not for QR main fleet.
Hamd:
They said next email will be January 2014, but I don't think it will be very different than previous ones.
It would be great to have some more info about what is going on and what are the plans for all of us in the pool.