Skip to content Skip to Search
Skip navigation

Irish firm bags $266m operations contract for Saudi Red Sea airport

Clothing, Apparel, Person TRSDC
The Irish firm will serve as the airport operator in 2023, supervising the design consultancy, management and operations of the airport.

The Red Sea Development Company (TRSDC) has appointed Dublin-based daa International as the operator of Red Sea International, which will be the region’s first carbon-neutral airport.

The developer of mega projects – Red Sea Project and Amaala – signed a SAR 1 billion ($266 million) deal with the Irish company for operations and general maintenance services, according to a company statement.

The Irish firm will serve as the airport operator from 2023, supervising the design consultancy, management, and operations, in line with the provisions of the Saudi General Authority of Civil Aviation (GACA) and the International Civil Aviation Organization.

“As the region’s first-ever airport powered by 100 percent renewable energy, RSI will serve as an innovative blueprint for decarbonised urban destinations of the future,” said TRSDC CEO John Pagano.

RSI has been designed by international architecture firm Foster + Partners and is gearing up to welcome its first passengers in 2023.

The airport will have the capacity to serve an estimated one million domestic and international tourists per year by 2030.

The airport will have a runway for seaplanes and water aerodromes, regulated by GACA safety guidelines.

It will service hydrogen-powered seaplane variants, supplied by hydrogen-electric aviation firm ZeroAvia, electric vertical takeoff, landing and electric short takeoff and landing aircraft technology, the statement said.

Latest articles

Flooding in Dubai affected many people's homes. Emaar has promised .free repairs for its residents, and an upgraded sewerage system is planned

Emaar promises free repairs as Dubai launches sewerage system

Emaar Properties is offering free repairs to residents whose homes were damaged during this week’s extreme flooding, as Dubai also announced an AED80 billion ($22 billion) sewerage system. The developer announced on Friday that it would repair all homes in its communities affected by the historic levels of rain, “at no cost to residents”. Emaar’s […]

A customer paying with a credit card inside the Black Friday Market in Beirut. Lebanon wants more people to move away from cash

Lebanon launches plan to promote use of bank cards

Lebanese central bank Banque du Liban announced a new agreement on Thursday that it hopes will result in a rebound in the use of bank cards. As part of the agreement, Mastercard and Visa will lower card fees on transactions, particularly for people with bank accounts based outside Lebanon. In a press release, the bank […]

Construction work in Kuwait. Nurseries, schools and shops are being built for the new residential district of Al Metlaa

Kuwait signs $140m contracts for Al Metlaa development

Kuwait’s Public Authority for Housing Welfare (PAHW) has signed two contracts worth KD42 million ($140 million) to construct public buildings in Al Metlaa, a new residential district north of Kuwait City. Nurseries, stores, schools and shops will be included, state news agency Kuna reported. Electricity connections have been provided for 109 buildings in the district, […]

Iraq gas oil

Iraq to auction 30 oil and gas projects this month

Iraq will auction 30 new oil and gas projects in two licensing rounds before the end of April. The bidding round will be held on April 27, Reuters reported, citing an oil ministry statement. Last October Iraq passed a long-awaited oil and gas law, which will help the country attract more international investments into the hydrocarbon industry and boost government revenues.  Ali Metwally, an […]