Yanbu

Turkish airport operator TAV has signed a deal with Saudi Arabia's civil aviation authority to operate three airports in the Gulf country in partnership with the Al Rajhi Group, the Turkish operator has announced.

TAV Airports has won the operation rights of Yanbu Prince Abdul Mohsin bin Abdulaziz International Airport in Saudi Arabia for a period of 30 years, the company said in a statement on March 16.

TAV will construct a new terminal and operate the airport for 30 years, the statement said. 

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.