Wednesday 23 July 2014
Airport expansion

Bahrain launches major airport expansion

Bahrain airport will undergo a major expansion to handle 13.5 million passengers a year, said HRH Prime Minister Prince Khalifa bin Salman Al Khalifa, adding that a new airport was also on the way. The Premier said that the develo


Arabtec group inks $2.9bn Abu Dhabi airport deal

A consortium of Arabtec Holding that includes Greek and Turkish firms on Wednesday won a Dh10.8 billion ($2.94 billion) contract from the Abu Dhabi government to build a mid-field terminal at the cash-rich emirate's airport. The contra


Dubai sukuk to fund airport expansion

Dubai will employ $1.25 billion raised through an Islamic bond last week to fund the expansion of its airport and sees no risk to repaying creditors at its flagship conglomerate Dubai World on time, a top Dubai official told Reuters on Tuesday.


ME to invest $119bn in airport expansion

The Middle East region is set to invest a whopping Dh437 billion ($119 billion) into airport expansion projects in the next five years, said an expert ahead of a major aviation trade expo in Dubai. The UAE airports have already announced b


Bahrain airport expansion design deal awarded

Bahrain Airport Company (BAC) has awarded the design contract for the airport's expansion project to Lebanon-based Dar Al Handasah. The contract is valued at BD4.4 million ($11.6 million). BAC is a unit of Mumtalakat Ho


Saudi to spend $666m on airport expansion

Saudi Arabia is spending SR2.5 billion ($666.7 million) to expand the kingdom's airports, the state news-agency SPA reported on Sunday. 'These projects include the development, creation and expansion of 23 airports, locally, that w

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