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Saudi Arabia Unveils $100 Billion Aviation Investment Plan

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Saudi Arabia’s General Authority of Civil Aviation (GACA) has announced an ambitious plan to transform the Kingdom’s aviation sector through $100 billion in investment opportunities. This transformative initiative is set to position Saudi Arabia as a global aviation hub and a key player in the international market.

Portugal Plans $9.2 Billion Alcochete Airport by 2034

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The Portuguese government has officially requested ANA – Aeroportos de Portugal, the country’s airport operator, to submit a proposal for the construction and operation of a new international airport in the Lisbon district. The proposed airport, to be located in Alcochete, is expected to cost up to US$9.2 billion and commence operations by 2034.