Soft opening of new King Abdul Aziz International Airport in Jeddah set for May

The new King Abdul Aziz International Airport is to be officially opened in 2019.
Updated 15 May 2018

Soft opening of new King Abdul Aziz International Airport in Jeddah set for May

  • 2018 will be a turning point for transportation services in the Makkah region and in line with Vision 2030

JEDDAH: King Abdul Aziz International Airport is the main gateway to the Two Holy Mosques. The General Authority of Civil Aviation (GACA) has started to carry out technical tests on the systems of travel and baggage termination, passenger bridges and various electronic systems in the presence of all relevant governmental and private sectors to ensure readiness before the soft opening.

It was decided to postpone the soft opening of the new KAIA to the end of May to conduct further technical testing, to ensure that the safety procedures, equipment and systems related in the new airport are complete.

Turki Al-Thieb, the spokesperson of KAIA, told Arab News: “The soft opening of the new airport will be in May but no specific date has been decided.”

Abdullah Al-Khurief, spokesman for GACA, said: “We decided previously to start the operation of the airport in May, confirming the completion of the construction and implementation of the necessary technical systems and equipment for the operation of the airport, which took more than seven years.”

With a capacity of 50 million passengers a year, the first phase of operation will begin this month. 

“We are talking about more than 800,000 square meters which are five to six times the current area of the airport, so gradually observations must be followed by regulations regarding airlines and different operating systems as it depends on the soft opening and to what extent the project is ready and well equipped,” Al-Khurief added.

“Numbers of gates that will be ready for the soft opening and where they will be located and how many flights there are will be decided on the day of opening,” he said.

2018 will be a turning point for transportation services in the Makkah region and in line with Vision 2030. The new KAIA and Haramain train will be operational in March-May. 

Al-Khurief said: “The soft opening is to be in May as the official opening will be in the first quarter of 2019.


Fraud alert over cryptocurrency falsely linked to Saudi Arabia

Updated 21 August 2019

Fraud alert over cryptocurrency falsely linked to Saudi Arabia

  • The website of a cryptocurrency company is promoting what it calls the CryptoRiyal and SmartRiyal
  • The Singapore-based company uses the Saudi emblem of two crossed swords and a palm tree

JEDDAH: Fraudsters are trying to lure victims into investing in a “virtual currency” with false claims that it is linked to the Saudi riyal and will be used to finance key projects, the Saudi Ministry of Finance warned on Tuesday.

The website of a cryptocurrency company in Singapore is promoting what it calls the CryptoRiyal and SmartRiyal, using the Saudi emblem of two crossed swords and a palm tree. Its “ultimate goal” is to finance NEOM, the smart city and tourist destination being built in the north of the Kingdom, the company claims.

“Any use of the KSA name, national currency or national emblem by any entity for virtual or digital currencies marketing will be subject to legal action by the competent authorities in the Kingdom,” the ministry said on Tuesday.

The fraudsters were exploiting ignorance of how virtual currencies work, cryptocurrency expert Dr. Assad Rizq told Arab News.

“A lot of tricks can be played,” he said. “Some of these companies are not regulated, they have no assets, and even their prospectus is sometimes copied from other projects.

“They hype and pump their project so the price goes up. Inexpert investors, afraid of missing out, jump in, which spikes the price even higher. Then the owners sell up and make tons of money.

“Cryptocurrencies are a risky investment for two reasons. First, the sector is not yet fully regulated and a lot of projects use fake names and identities, such as countries’ names or flags, to manipulate investors.

“Second, you have to do your homework, learn about the technology. And if you still want to invest, consider your country’s rules and regulations.”