International flights soon from Al-Ahsa airport

Updated 22 September 2013
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International flights soon from Al-Ahsa airport

Al-Ahsa airport has almost completed the process to acquire the status of international airport. International flights are expected to takeoff from Al-Ahsa soon.
Two important features for an international airport are now almost complete, sources told Arab News. The Directorate General of Passports has approved hiring additional staff. A process is under way to link the computer systems of the National Information Center (NIC) with the immigration counters of Al-Ahsa airport. Sources said that customs authorities have almost completed their required formalities.
Khalid Al-Khaibary, general manager of the Media section of the General Authority of Civil Aviation (GACA), told to Arab News “most formalities have been completed. We are awaiting a nod from the tripartite committee to start international flights.” He declined to specify a time frame.
Al-Ahsa is situated at a strategically important location. Its proximity to Qatar and Bahrain on one side and Dubai on the other side, makes Al-Ahsa an ideal place to serve as an international airport. Many Saudi citizens shuttle regularly between neighboring Qatar and Bahrain and they demand semi international connectivity. Al-Ahsa is also close to the world’s largest conventional oilfield, Ghawar. Employees of Aramco depend on Al-Ahsa airport for their transportation needs.
Nearly 50 percent of passengers that use Dammam’s King Fahd International Airport and 17 percent of Bahrain Airport users hail from Al-Ahsa area, in addition to significant clientele of Qatar Airways. Currently, Saudi Arabian Airlines operates only two flights a week to Riyadh and Jeddah in low season and four flights during summer and holiday season.
GACA formally approved Al-Ahsa airport’s international status in 2011. The airport is expected to grow by 300,000 passengers per annum between 2015 and 2020, a GACA study predicted.
Authorities had developed the airport accordingly, expanding apron and aircraft parking facilities and also increasing the lounges from 4,000 square meters to 6,310.
Al-Ahsa is expected to attract a large volume of investments in the next couple of years in various sectors. These include Salwa Industrial City for Women, which will be built in an area of 300 million square meters and is expected to attract investments of over SR1.5 billion. The development of Aqeer tourism project at a cost of SR3.5 billion will also need an international airport in the area. Ghawar oilfields have more than 80 percent of the oil reserves of the Kingdom. Around 300,000 expatriate workers live in the area.


Mexican delegation visits Saudi Arabia to promote trade and discuss investment

The Mexican ambassador further declared that his country, like Saudi Arabia, is one of the top 20 economies in the world and is eager to strengthen mechanisms of collaboration in different areas. (SPA)
Updated 17 November 2018
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Mexican delegation visits Saudi Arabia to promote trade and discuss investment

  • The visiting team expressed their desire to benefit from and contribute to the projects presented by the Kingdom’s Vision 2030

RIYADH: A trade delegation from Mexico called on the Saudi business community to strengthen trade partnerships with their counterparts in Mexico and participate in promising opportunities and investment projects in various areas, especially in the construction and infrastructure sectors.
“A delegation from the National Bank for Services and Public Works (BANOBRAS), the most important development bank in Mexico, visited Saudi Arabia to promote investment opportunities that will bring the countries closer together,” Mexican Ambassador Alfredo Miranda told Arab News on Friday.
Miranda accompanied Alejandro Blasco, head of investor relations at BANOBRAS, and Luis Ampudia, deputy head of investor relations, during the meeting at the Council of Saudi Chambers (CSC).
The Saudi delegation was made up of CSC Secretary-General Saud Al-Meshari; Vice Chairman and Managing Director of the Saudi Fund for Development Khalid S. Alkhudairy; and head of stakeholder management of the Public Investment Fund (PIF) Saad A. Alkroud.
During the meetings, the Mexican delegation shared the opportunities available in Mexico for identifying possible public-private partnerships and financing social infrastructure projects, and they discussed the potential of investment opportunities in Mexico as part of the PIF’s international diversified pool, said the envoy.
The visiting team expressed their desire to benefit from and contribute to the projects presented by the Kingdom’s Vision 2030.
The Mexican ambassador further declared that his country, like Saudi Arabia, is one of the top 20 economies in the world and is eager to strengthen mechanisms of collaboration in different areas, taking into account that Mexico’s GDP is $1.1 trillion, has a population of 129 million inhabitants, an inflation rate of 4 percent and very low unemployment of just 4 percent.
“I am sure both countries will continue to work together in order to have more Mexicans in Saudi Arabia and more Saudis in Mexico,” said Ambassador Miranda.