Al-Rajhi
Turkey's TAV talking with banks to finance Saudi airports
Turkish airport operator TAV is in talks with banks to obtain $250 million of financing needed for the development of three airports in Saudi Arabia, the company's president Mustafa Sani Şener said May 16.
Turkey's TAV adds two more airports to its portfolio in Saudi Arabia
Turkey's TAV Airports has announced that it has included the Qassim and Hail airports in Saudi Arabia to its portfolio, which also includes airports in Madinah and Yanbu.
TAV, with its partner the Al Rajhi Group, will develop the two airports and operate them for 30 years, according to the statement issued on April 24.
TAV consortium in exclusive talks for Saudi airport with local authorities
A consortium formed by Turkey's TAV Airports Holding and Saudi Arabia's Al Rajhi Holding Group has entered into exclusive talks for the operating and development of Yanbu International Airport in Saudi Arabia with local authorities, the Turkish firm said in a statement on March 13.