Building the links to Terminal 6
Tenders are out for infrastructure works at King Salman International Airport. King Salman International Airport Development Company (KSIADC), the Riyadh giga-airport’s developer, has tendered the roads, bridges and utility networks for Zone C1+C2 — the civil infrastructure underpinning the new Terminal 6 and its links to the existing Terminals 1-5, Meed reports. The tender went out on 26 October, with bids due 6 December.
The details: The package spans new roads, ramps and junctions, the Junction 6 and Terminal 6 bridges, and the full dry and wet utility networks, alongside enabling works and utility diversions. Two design-and-build elements are optional, among them a roughly 1.4-km access road to the Terminal 6 transport hub.
REMEMBER- King Salman International Airport is expected to handle over 100 mn passengers annually by 2030. The infrastructure, including the new Terminal 6, is being developed to accommodate this traffic, with capacity planned ahead of the expected influx of visitors for Expo 2030 and the 2034 World Cup.
Driverless rides get a regulatory roadmap
The Transport General Authority (TGA) approved the executive regulations for self-driving passenger transport, effective 6 January 2027, setting the framework for launching autonomous ride services in the Kingdom. The rules cover the qualification of companies and vehicles, safety and ins. obligations, supervision of operations, and procedures for emergencies and for technical and cybersecurity risks.
REMEMBER- The Interior Ministry introduced traffic rules for self-driving vehicles in June, making their owners, companies included, legally liable for accidents and violations tied to system errors. The rules also require approval from the relevant authority before such a vehicle can be deregistered, and exempt fully autonomous vehicles from standard driver-authorization requirements.
Bank Aljazira is topping up its capital with sukuk
Bank Aljazira has opened the offer for SAR-denominated Tier 2 capital sukuk under its SAR 3 bn (USD 800 mn) programme, a private placement to eligible local investors running to 6 December, according to a Tadawul filing. The notes are 10-year, callable after five, with the size and return left to market conditions. Aljazira Capital and Al Rajhi Capital are joint lead managers and bookrunners.
More backing for Syria
The Saudi Fund for Development has signed six concessional loans worth more than USD 403 mn with Syria’s finance ministry, spanning energy, water, health, housing, infrastructure and digital government, with Crown Prince Mohammed bin Salman and Syrian President Ahmed Al-Sharaa present at the signing, SPA reports.
The details: The biggest are USD 105 mn for 25 civil-defense centers, USD 100 mn for hospitals and health facilities, and USD 90 mn to rehabilitate the Aleppo thermal power plant; smaller tranches cover 300k smart water meters, rehabilitating 10k damaged homes and a finance-ministry digital overhaul.
IN CONTEXT- The loans add to a rebuild where Saudi money now reaches most of Syria’s layers — power, water, telecoms, housing, airports and roads — without a plan connecting them. As we reported last week, the projects run through separate ministries and contracts: STC’s SAR 3 bn SilkLink fiber-and-data network, Elaf’s SAR 7.5 bn Aleppo airport, and the new flynas Syria often sit side by side with no stated link between them. With five or six foreign investors now sharing the reconstruction, no single player controls enough of the handoffs between assets to make the infrastructure work as one.
MEANWHILE- Flyadeal has launched twice-weekly direct flights between Madinah and Damascus, expanding its services to Syria, the low-cost carrier said in a statement. The new route runs in addition to Flyadeal’s existing three-times-weekly Jeddah and Damascus service.