The consortium has reached financial closure
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The consortium has reached financial closure. Loan agreements of 1.2 billion USD have also been concluded with National Commercial Bank (NCB), Arab National Bank (ANB) and Saudi British Bank (SABB)
List of the country updates
Country updates
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October 31, 2011
The consortium signed the BOT contract
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August 08, 2011
A consortium consisting of TAV airports, Saudi Oger Ltd and Al Raji Holding Group has been awarded the contract
A consortium consisting of TAV airports, Saudi Oger Ltd and Al Raji Holding Group has been awarded the contract. The contract has been awarded on the basis of a Build-Transfer-Operate (BTO) model and will give the consortium the operating rights for the next 25 years
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January 29, 2009
Start of Reliability test (30 days)
