ablcc_newsletter-December 2022

75 Saudi Arabiawill soon be home to one of the world’s largest airports Saudi Crown Prince Mohammed bin Salman has recently announced the master plan for the King Salman International Airport in Riyadh, which is expected to accommodate up to 185 million passengers and process 3.5 million tons of cargo by 2050. The airport is expected to contribute SR27 billion to Saudi Arabia’s non-oil GDP per year. The King Salman International Airport project is in keeping with Saudi Arabia’s ambition of transforming Riyadh into one of the world’s top ten metropolitan economies and supporting the city’s population expansion to 15-20 million people by 2030. Annual passenger traffic will see an increase from 29 million to 120 million by 2030 and 185 million by 2050. Likewise, aircraft traffic in the Kingdom would increase from 211,000 to more than 1 million flights per year. Read more: https://www.arabianbusiness.com/abnews/saudi-crown-prince-announcesnew-plan-for-king-salman-international-airport Qatar: the newguide for your investments in Qatar The Qatar Chamber of Commerce has just launched a brand-new guide with valuable information for investors and businessmen willing to establish business in Qatar. You can review the issue on the Qatar Chamber’s website via the following links: To browse the English version, click: https://bit.ly/3Fu7yq2 To browse the Arabic version, click: https://bit.ly/3NiAWBL

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