Abu Dhabi Airports to explore airport development with Romania

Abu Dhabi Airports currently operates five airports in the UAE including the main international airport in the capital. (ADAC)
Updated 26 November 2019

Abu Dhabi Airports to explore airport development with Romania

  • Abu Dhabi Airports currently operates five airports in the UAE including the main international airport in the capital

DUBAI: Abu Dhabi Airports said on Tuesday it had signed a memorandum of understanding (MOU) with Romania’s South Development Group to explore opportunities to manage and develop airports in the European country in its first foray outside the UAE.
The airports group, wholly owned by the Abu Dhabi government, currently operates five airports in the United Arab Emirates including the main international airport in the capital Abu Dhabi.
“We are exploring partnership opportunities for the future management and development of airports in Romania,” Bryan Thompson, chief executive officer of Abu Dhabi Airports told reporters.
He said the MOU would cover Bucharest airport and five regional airports in Romania.
Thompson said Abu Dhabi Airports, which was created in 2006 to spearhead the re-development of the Emirate’s aviation infrastructure, is also exploring projects with four or five other countries and airport groups.
“We are predominantly focused on Africa, Eastern Europe, Indonesia. There are many opportunities out there,” he said.
Thompson also said Abu Dhabi airport’s new 10.8 billion-dirham ($2.94 billion) Midfield Terminal, was 97.6 percent complete, although he could not give a date for its opening.
Thompson said passenger numbers in 2019 would be very close to 21.5 million, compared to 21.6 million passengers last year.
The Midfield Terminal is set to increase the airport’s passenger handling capacity to 45 million a year but it has faced a series of setbacks, delaying a planned July 2017 opening.


Dubai’s Jafza, Israeli business group sign strategic partnership

Updated 26 September 2020

Dubai’s Jafza, Israeli business group sign strategic partnership

DUBAI: Dubai’s Jebel Ali Free Zone has signed a strategic partnership with an Israeli business group to support businesses and encourage economic cooperation following the normalization of ties between the UAE and Israel.

Sultan Ahmed bin Sulayem, the group chairman and chief executive of DP World, and Uriel Lynn, president of the Federation of Israeli Chambers of Commerce, signed the agreement virtually.

As part of the agreement, the two parties will share crucial information on new developments regarding economic relations between the countries aside from efforts to expand ties between businesses.

“The establishment of direct ties between two dynamic and advanced economies in the Middle East will undoubtedly provide impetus to economic growth, transforming the business landscape in the UAE,” bin Sulayem said in a statement.

It will be a mutually advantageous for Dubai and the Israeli business community, as more businesses will utilize the developed facilities and services in Jafza and create a bridgehead for the Israeli business sector to enhance its foreign trade in products and services,” Lynn meanwhile commented.

“Our main goal is to create a forum to promote economic cooperation and create new opportunities for businesses in both countries. Strengthening business ties and enhancing collaboration over time is also one of the primary objectives.”