Saudi Arabia will privatise its international and local airports but keep security duties at the facilities in state hands, civil aviation chief Abdullah Rahimi said in remarks published.
“The civil aviation authority will seek to achieve broad private sector participation in running local and international airports by privatising them, except for security operations,” the Al Medina daily quoted him as saying.
Rahimi said his authority was already privatising some airport services, but he did not give a timeframe for completion of the process.
He said Defence and Aviation Minister Prince Sultan bin Abdul Aziz had recently signed deals with five Saudi firms worth SR638 million ($170 million) to operate regional and local airports for three years.
TTN is the most established trade publication in the Middle East distributed on a controlled circulation basis to members of the travel and tourism industry.
Published monthly by Al Hilal Publishing and Marketing Group, the region’s foremost trade publisher, TTN is aimed at professionals in the industry, from travel agents to airline and hotel personnel.
TTN provides in-depth and extensive coverage of relevant issues in the Middle East and North Africa as well as in other parts of the world. Travel related news, analysis, and new appointments together with information on up-coming exhibitions, marketing and promotional campaigns are presented in an innovative and striking colour tabloid.
Every issue also contains a collation of international and regional news and topical features of interest to readers.