Saudi fund weighs new airport in Riyadh in tourism drive ...Qatar

Gulf Times - News

Saudi Arabia is considering building a new airport in its capital Riyadh, according to people familiar with the matter, a facility that would serve as a base for a new airline the kingdom’s sovereign wealth fund is looking to launch as it targets a vast increase in tourist arrivals. The $430bn fund said earlier this year it plans to invest in aviation to help capture the tourist boom envisioned by Crown Prince Mohamed Bin Salman. The new airline, reported locally earlier this year, would serve tourists and business travellers, while existing flag carrier Saudia would focus on religious tourism from its base in Jeddah, said the people, who asked not to be identified due to the sensitivity of

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Last updated : 24 June 2021 clock 10:30 PM

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Saudi fund weighs new airport in Riyadh in tourism drive ...Qatar

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