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The Abu Dhabi International Airport’s Dh10.8 billion ($2.9 billion) Midfield Terminal Building (MTB) project remains on schedule, said a report.
The first arch has gone up in the last three to four weeks, which the second will be up by February 24, said the airport’s chief executive in the Gulf News report.
The 700,000 sq m site is being built by a joint venture between Turkish construction company TAV, Greek Consolidated Contractors Company and Arabtec.
The Abu Dhabi Airports Company plans to open the new terminal by July 17 next year, which will be solely used by Etihad Airways and its equity and codeshare partners, Tony Douglas was quoted as saying.
It aims to speed up with the roof, the four piers, and the external façade and glazing will be complete this year, he said.
The terminal will take Abu Dhabi International’s current capacity from 17.5 million passengers a year up to 55 million, he added.
According to estimates from Thomson Reuters, Middle Eastern investment banking fees totalled an estimated $669.2 million during the first nine months of 2017, four per cent less than the value of fee
The King Abdullah Petroleum Studies and Research Center (KAPSARC) addressed the Climate Change Polices and Challenges of the Electricity Transition in the GCC, during the meeting of Association of En
Arab Petroleum Investments Corporation (APICORP) has mandated banks to arrange a series of fixed income investor meetings ahead of a potential five-year benchmark U.S. dollar-denominated sukuk sale,
Qatar has been forced to repatriate significant sums from its sovereign wealth fund to shore up its struggling economy, which continues to experience the impact of an economic and political boycott b
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has set up a real estate refinancing company aimed at boosting home ownership in the kingdom, which suffers from a shortage of