Riyadh Airports Company in the context of 2010s oil glut


Riyadh Airports Company in the context of 2010s oil glut

⭐ Core Definition: Riyadh Airports Company

Riyadh Airports Company (RAC) (Arabic: شركة مطارات الرياض), or simply Riyadh Airports (Arabic: مطارات الرياض), is a state-owned airport management company and a subsidiary of Matarat Holding that operates and provides aviation related services to the King Khalid International Airport in Riyadh, Saudi Arabia. It was established in 2015 by the country's General Authority of Civil Aviation as part of the government's strategy to privatize nationwide publicly owned assets amid falling oil prices.

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Riyadh Airports Company in the context of King Khalid International Airport

King Khalid International Airport (Arabic: مطار الملك خالد الدولي, romanizedMaṭār al-Malik Khālid al-Duwaliyy; IATA: RUH, ICAO: OERK) is an international airport located about 35 kilometres (22 mi) north of Riyadh, Saudi Arabia. This airport consists of five passenger terminals with eight aero-bridges each, a mosque, and parking facilities for 11,600 vehicles. It includes a "Royal Terminal" designated for use by government officials, state guests, and the Saudi royal family. The airport has one of the world's tallest air traffic control towers, and two parallel runways, each 4,260 metres (13,980 ft) in length. It is one of the busiest airports in the Middle East. The airport is owned and operated by the state-owned Riyadh Airports Company.

The Royal Mosque was designed with a significant programme of integral art; the stained glass, by British architectural artist Brian Clarke, was a landmark work in the history of the medium, considered to be the largest and technically most advanced stained glass project of the modern period.

View the full Wikipedia page for King Khalid International Airport
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