The consortium formed by TAV Airports Holding and Al Rajhi Holding Group has entered into exclusive talks with General Authority of Civil Aviation (GACA) concerning the operating and development of Yanbu International Airport in Saudi Arabia, with a 30 years concession contract.
TAV Airports Holding and Al Rajhi Holding Group have an equal share (50 percent) within the consortium. Yanbu Airport served nearly 1.1 million passengers in 2016.
The public shall be notified through all the relevant stages.
