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FINANCIAL NEWS
UAE to spend USD23.1b on airport infrastructure
05 May 2013
(MENAFN) The UAE is investing USD23.1 billion in the country’s airport infrastructure in order to accommodate passenger traffic growth over the coming years, reported Gulf News.
Dubai will allocate USD7.6 billion to its international terminals, and USD8.1 billion to the cargo terminal at Jebel Ali.
Abu Dhabi is continuing its redevelopment plan of its international airport worth USD6.8 billion.
Other GCC countries have notably invested heavily in airport infrastructure, including Qatar and Saudi Arabia, with a combined total of USD12.3 billion.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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