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    Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

    Egypt’s food industries contribute 24.5% of GDP

    Egypt’s food industries contribute 24.5% of GDP

    $36mln contract for construction of Duqm fisheries complex

    $36mln contract for construction of Duqm fisheries complex

    Ministry signs agreement to support Oman’s honey industry

    Ministry signs agreement to support Oman’s honey industry

    Local, Italian companies partner up to establish food retail chain in Egypt

    Local, Italian companies partner up to establish food retail chain in Egypt

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      Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

      Egypt’s food industries contribute 24.5% of GDP

      Egypt’s food industries contribute 24.5% of GDP

      Profits at top Saudi banks jump 17.6% in Q1

      Profits at top Saudi banks jump 17.6% in Q1

      GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

      GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      New study reveals that UAE is most competitive economy in the Arab world

      New study reveals that UAE is most competitive economy in the Arab world

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      Oman Construction Equipment Industry to 2028

      Oman Construction Equipment Industry to 2028

      $36mln contract for construction of Duqm fisheries complex

      $36mln contract for construction of Duqm fisheries complex

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

      Madayn working on major Oman industrial city projects

      Madayn working on major Oman industrial city projects

      Foundation stone laid for new 700-bed hospital is Salalah, Oman

      Foundation stone laid for new 700-bed hospital is Salalah, Oman

      Iraq set to award new Faw Port deals

      Iraq set to award new Faw Port deals

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        Suez Canal expects US$3.5 billion in revenues in H1

        Suez Canal expects US$3.5 billion in revenues in H1

        UAE and Egypt’s consortium to buy African renewables firm Lekela Power

        UAE and Egypt’s consortium to buy African renewables firm Lekela Power

        Fitch revises Saudi Aramco’s outlook to positive from stable

        Fitch revises Saudi Aramco’s outlook to positive from stable

        Investments in renewables in Egypt reach LE6 bn: Official

        Investments in renewables in Egypt reach LE6 bn: Official

        Egypt signs 8 gas exploration contracts worth $934mn over 15 months

        Egypt signs 8 gas exploration contracts worth $934mn over 15 months

        JGC lands $3.7bn Iraq refinery upgradation project deal

        JGC lands $3.7bn Iraq refinery upgradation project deal

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        • Hospitality

          Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

          Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

          Saudi to be among world’s big leisure tourism hubs by 2030

          Saudi to be among world’s big leisure tourism hubs by 2030

          Qatar’s hospitality sector peaks despite turbulent 2020

          Qatar’s hospitality sector peaks despite turbulent 2020

          Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

          Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

          Staycations to stimulate Qatar’s hospitality sector

          Staycations to stimulate Qatar’s hospitality sector

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        • Agrofood
          • All
          • Agriculture
          • Environment
          • Food

          Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Egypt’s food industries contribute 24.5% of GDP

          Egypt’s food industries contribute 24.5% of GDP

          $36mln contract for construction of Duqm fisheries complex

          $36mln contract for construction of Duqm fisheries complex

          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

          Trending Tags

          • Business & Economy
            • All
            • Business
            • Economy
            • Finance
            • Industry
            • Technology
            • Trade
            • Transport & Logistics

            Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

            Egypt’s food industries contribute 24.5% of GDP

            Egypt’s food industries contribute 24.5% of GDP

            Profits at top Saudi banks jump 17.6% in Q1

            Profits at top Saudi banks jump 17.6% in Q1

            GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

            GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            New study reveals that UAE is most competitive economy in the Arab world

            New study reveals that UAE is most competitive economy in the Arab world

            Trending Tags

            • CES 2017
            • Election Results
            • eSports
          • Construction
            • All
            • Infrastructure
            • Real Estate
            Oman Construction Equipment Industry to 2028

            Oman Construction Equipment Industry to 2028

            $36mln contract for construction of Duqm fisheries complex

            $36mln contract for construction of Duqm fisheries complex

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            Madayn working on major Oman industrial city projects

            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

            Trending Tags

            • Energy
              • All
              • Oil & Gas
              • Power & Electricity
              • Renewable Energy
              Suez Canal expects US$3.5 billion in revenues in H1

              Suez Canal expects US$3.5 billion in revenues in H1

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

              Trending Tags

              • Hospitality

                Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

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              UAE- GCC aviation set for huge growth

              Khaleej Times

              May 24, 2012
              in Infrastructure, Transport & Logistics
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              Abu Dhabi, Dubai and Doha airports' combined annual capacity will reach 190 million passengers by 2015 while Emirates airline, Qatar Airways and Etihad Airways are expected to have 200 million passengers capacity by 2020, according to research study released on the first day of the Airport Show.

              Titled "Aviation in the GCC States – Flying High Amidst Global Turbulence", the 44-page publication has been prepared for the Airport Show 2012 by Nadd Al Shiba PR and Event Management. Mohamad Bader-Eddin, Show Director at Reed Exhibitions Middle East, organisers of the Airport Show, said exhibitors will have free access to this study offering analysis and deep insights into the aviation sector of the GCC region.

              The report highlighted interesting aspects of the aviation industry in the GCC and statistics about the performance of the GCC airports and airlines in addition to providing predictions and projections about the growth levels in the region until the year 2020.

              It revealed that modern airport infrastructure in the region is encouraging hubing operations between the East and the West. In the near future, airlines, airports, and air traffic controls in the Middle East will need to successfully serve more than four times the 120 million passengers served this year. In 2015, Dubai, Doha and Abu Dhabi airports will have a combined annual capacity of 190 million passengers. Current capacity utilization in the GCC (passengers/capacity) stands at over 115 per cent.

              Airbus predicts that, by 2028, the Middle East fleet will treble in size, while the Boeing forecasts that the Middle Eastern airlines will require 2,340 aircraft by 2029.By 2020, Emirates, Qatar, and Etihad will have the capacity to carry nearly 200 million passengers: four times their current capacity.

              The UAE has a total of 120,000 square kilometers of airspace, with 35 international air corridors – more than 50 percent restricted to military use. To compensate for this shortage and the rapid growth of aircraft movements in the UAE airspace, the General Civil Aviation Authority (GCAA) has heavily invested in adoption of new technologies to optimize use of available airspace capacity.

              Aircraft movements in Dubai alone are expected to increase to 560,000 by 2020. Overall aircraft movements in the UAE are expected to grow to 620,000 in 2012 and 663,000 by 2013, including local and foreign airlines, general aviation, private operators and freighters. By 2020, over 98 million passengers and over four million tonnes of air freight will pass through Dubai airports. The expansion would see the aviation sector accounting for 22 per cent of Dubai's total employment and 32 per cent of the emirate's GDP by 2020.

              Aviation industry in UAE, GCC

              More than $100 billion is set for investment in airport infrastructure in the Middle East by 2025, most of it concentrated in massive airport developments in GCC nations such as the UAE, Saudi Arabia and Qatar.

              The cost of airport developments in the Arab world amounted to $60 billion in infrastructure and improvement in capacities, according to Arab Air Carriers Organisation.

              The UAE spent $21 billion for airport development. Arab airports will reach a capacity of 400 million passengers after the development processes are completed.

              UAE companies and state agencies will invest $136.12 billion in the aviation industry over the next decade to diversify the economy and make the country a global transport hub, according to the UAE's Minister of Economy.

              Abu Dhabi Airports Company (ADAC) announced investments to the tune of Dh24.8 billion to improve the Abu Dhabi airport and the capacity to 40 million passengers a year from the present 7 million. Cargo handling capacity will also increase to 2.5 million tons a year. The most expensive element of the project is the US$6.8bn Midfield Terminal, to be ready in 2015-2016.

              Sharjah intends to spend Dh500 million and Fujairah Dh160 million in airport facilities and expansions.

              The aviation industry generates 25 per cent of the GDP of the emirate of Dubai, either directly or indirectly. This has been forecast to increase to almost a third of Dubai's GDP by 2020. Aircraft movements in Dubai alone are expected to increase from 307,000 in 2010 to 560,000 by 2020.

              Major spending was still needed in the region as the UAE stood alone as the only Gulf state with spare capacity at its airport. The current capacity utilization in the GCC stood at more than 115 percent. Bahrain had the most severe case of under-capacity, moving double its capacity in 2010. The UAE, which has seen massive airport expansions in recent years, is the only GCC country, operating below full capacity (84 percent).

              Currently, there are 37 main civil airports in the GCC region. Of these, more than 30 are in Saudi Arabia and the UAE. Saudi Arabia has four international airports and 22 domestic airports; its international airports account for 85 percent of passenger traffic.

              Khaleej Times
              23 May

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