King Abdulaziz International Airport Achieves Top Places in 2023 ACI Rankings

King Abdulaziz International Airport gets crowned as one of the most advanced airports in air connectivity in the Middle East - SPA
King Abdulaziz International Airport gets crowned as one of the most advanced airports in air connectivity in the Middle East - SPA
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King Abdulaziz International Airport Achieves Top Places in 2023 ACI Rankings

King Abdulaziz International Airport gets crowned as one of the most advanced airports in air connectivity in the Middle East - SPA
King Abdulaziz International Airport gets crowned as one of the most advanced airports in air connectivity in the Middle East - SPA

King Abdulaziz International Airport (KAIA) was crowned one of the most advanced airports in air connectivity in the Middle East by the Airports Council International (ACI).
During ACI's annual General Assembly Conference and Exhibition in Riyadh, KAIA placed third as the best airport in the field of air connectivity in the Middle East for 2023, SPA reported.
These results are an extension of the ongoing efforts of the Jeddah Airports Company, which manages and operates KAIA in using the latest technology, developing the infrastructure of the Kingdom's founder’s airport, upgrading the quality of services, and expanding the network of local and international air destinations to more than 125.
As part of its endeavor to achieve the national strategic objectives of civil aviation emanating from the Saudi Vision 2030, the Jeddah Airports Company continues to strengthen the position of KAIA as a global hub airport, and to provide a unique travel experience for all travelers, including tourists and visitors to the Grand Mosque of Makkah from around the world, with the airport achieving a record growth in operations of over 36%.

The airport also aims to increase the number of destinations to 135 by the end of 2024, achieving a growth of 6% compared to 2023.
Jeddah Airports Company CEO Eng. Mazen Johar unveiled the company's intention to upgrade the level of services to realize the goals of the National Transport and Logistics Strategy, which aims to increase operational efficiency and raise the capacity of KAIA to reach 114 million passengers by 2030.



GCC Worker Remittances to Foreign Destinations Reach $131.5 Billion

The volume of workers' remittances from GCC countries is the highest globally. Asharq Al-Awsat
The volume of workers' remittances from GCC countries is the highest globally. Asharq Al-Awsat
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GCC Worker Remittances to Foreign Destinations Reach $131.5 Billion

The volume of workers' remittances from GCC countries is the highest globally. Asharq Al-Awsat
The volume of workers' remittances from GCC countries is the highest globally. Asharq Al-Awsat

The total remittances of workers in the Gulf Cooperation Council (GCC) countries to foreign destinations amounted to $131.5 billion by the end of 2023, according to the latest data released by the GCC Statistical Center.

The volume of workers' remittances from GCC countries is the highest globally, followed by remittances from the United States

The center's report indicated that this marked a decrease by approximately $0.5 billion compared to 2022, a 0.4 percent decline. This comes after significant increases recorded in 2021 and 2022, which saw growth rates of 9.2 percent and 3.8 percent, respectively.

The share of these remittances as a percentage of the GCC's Gross Domestic Product (GDP), at current prices, declined from 8.1 percent in 2020 to six percent in 2022, before experiencing a slight increase in 2023, settling at 6.2 percent.