Work will begin in a few months on retail units at the Duty Free area of Abu Dhabi Airport’s new Dh19 billion Midfield Terminal.
Seventy-three per cent of the terminal is now complete, Abu Dhabi Airports said yesterday.
The baggage-handling system is near completion and is expected to be finished by the end of this year. Similarly, work on the airside of the airport is more than 70 per cent complete. The terminal’s car park is also 70 per cent finished.
The new terminal is slated to be opened next year and will support Abu Dhabi’s economy – providing a direct lift to the aviation and transport sectors, while also boosting tourism and retail.
The Midfield Terminal, along with the current airport infrastructure, will serve the rising number of passengers flying through Abu Dhabi, a figure expected to surpass 45 million annually in the next decade. Last year, 23.3 million passengers passed through the emirate, and this year more than 25 million are expected.
“The new airport in Abu Dhabi, if well managed as the Airport in Dubai, will support economic activity in Abu Dhabi, as the improvement in infrastructure and the services provided stimulate tourism and investment,” said Garbis Iradian, the chief economist for the Middle East and North Africa at the Institute of International Finance (IIF).
The Midfield Terminal will be the largest architectural structure in the capital, according to Abu Dhabi Airports. At its widest, its roof span is 319 metres, and its 18 arches, the largest of which is 180 metres wide and 5 metres high. Situated between the two runways at Abu Dhabi International Airport, the new terminal will allow a short journey from runway to parking stand, according to the airport.
“Midfield Terminal Building will have commercial space, there will be retailers, food and beverage outlets, which will make passengers stay and spend time in the emirate,” said Alp Eke, the senior economist at National Bank of Abu Dhabi (NBAD).
Meanwhile, UAE airports in Dubai, Abu Dhabi and Sharjah will introduce departure taxes effective from June 30 to help fund future projects.
Airlines in Abu Dhabi will be responsible for the collection of a Dh35 fee and the revenue will be transferred to Abu Dhabi Airports Company.
Analysts welcomed the imposition of the new fee, saying that raising non-oil government revenue is needed amid prolonged low oil prices.
“In the absence of non-oil revenue measures it will be difficult for Abu Dhabi government to fund projects,” said Mr Iradian.
“Also, the fiscal consolidation efforts should rely on a combination of raising non-oil revenues and reducing non-priority or inefficient public spending.”
selgazzar@thenational.ae
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The Byblos iftar in numbers
29 or 30 days – the number of iftar services held during the holy month
50 staff members required to prepare an iftar
200 to 350 the number of people served iftar nightly
160 litres of the traditional Ramadan drink, jalab, is served in total
500 litres of soup is served during the holy month
200 kilograms of meat is used for various dishes
350 kilograms of onion is used in dishes
5 minutes – the average time that staff have to eat
Infobox
Western Region Asia Cup Qualifier, Al Amerat, Oman
The two finalists advance to the next stage of qualifying, in Malaysia in August
Results
UAE beat Iran by 10 wickets
Kuwait beat Saudi Arabia by eight wickets
Oman beat Bahrain by nine wickets
Qatar beat Maldives by 106 runs
Monday fixtures
UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain
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2018 ICC World Twenty20 Asian Western Regional Qualifier
Saturday results
Qatar beat Kuwait by 26 runs
Bahrain beat Maldives by six wickets
UAE beat Saudi Arabia by seven wickets
Monday fixtures
Maldives v Qatar
Saudi Arabia v Kuwait
Bahrain v UAE
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57kg – Tak Chuen Suen (MAC) beat Phuong Xuan Nguyen (VIE) 29-28; Almaz Sarsembekov (KAZ) beat Zakaria Eljamari (UAE) by points 30-27.
67kg – Mohammed Mardi (UAE) beat Huong The Nguyen (VIE) by points 30-27; Narin Wonglakhon (THA) v Mojtaba Taravati Aram (IRI) by points 29-28.
60kg – Yerkanat Ospan (KAZ) beat Amir Hosein Kaviani (IRI) 30-27; Long Doan Nguyen (VIE) beat Ibrahim Bilal (UAE) 29-28
63.5kg – Abil Galiyev (KAZ) beat Truong Cao Phat (VIE) 30-27; Nouredine Samir (UAE) beat Norapat Khundam (THA) RSC round 3.
71kg – Shaker Al Tekreeti (IRQ) beat Fawzi Baltagi (LBN) 30-27; Amine El Moatassime (UAE) beat Man Kongsib (THA) 29-28
81kg – Ilyass Hbibali (UAE) beat Alexandr Tsarikov (KAZ) 29-28; Khaled Tarraf (LBN) beat Mustafa Al Tekreeti (IRQ) 30-27
86kg – Ali Takaloo (IRI) beat Mohammed Al Qahtani (KSA) RSC round 1; Emil Umayev (KAZ) beat Ahmad Bahman (UAE) TKO round
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What is the Supreme Petroleum Council?
The Abu Dhabi Supreme Petroleum Council was established in 1988 and is the highest governing body in Abu Dhabi’s oil and gas industry. The council formulates, oversees and executes the emirate’s petroleum-related policies. It also approves the allocation of capital spending across state-owned Adnoc’s upstream, downstream and midstream operations and functions as the company’s board of directors. The SPC’s mandate is also required for auctioning oil and gas concessions in Abu Dhabi and for awarding blocks to international oil companies. The council is chaired by Sheikh Khalifa, the President and Ruler of Abu Dhabi while Sheikh Mohamed bin Zayed, Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces, is the vice chairman.
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Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
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