Dh75.3 billion (US$20.5 billion) is being spent to develop and expand seven airports in the UAE. The projects include Dh26 billion (US$7.08 billion) on Abu Dhabi International Airport.
New airport projects in the UAE account for 60 per cent of all airport investment in the Gulf. This is hardly surprising: geographically, the country’s reach is considerable, sweeping through Africa and the Middle East and linking these regions to Europe, Asia, Australia and the Americas.
Over Dh77.5 billion (US$28.4 billion) is being spent to develop seven airports in the UAE. The projects include Dh26 billion (US$7.08 billion) on Abu Dhabi International Airport; Dh16.5 billion (US$4.5 billion) on Dubai International Airport; Dh36.7 billion (US$10 billion) for the development of Al Maktoum International Airport) at Jebel Ali, part of the Dh121.1billion (US$33 billion) Dubai World Central complex; Dh227.64 million (US$62 million) on Sharjah Airport; Dh2.9 billion (US$800 million) on Ajman International Airport; Dh183.6 million (US$50 million) on Fujairah Airport; and Dh1 billion (US$272 million) on Ra’s al-Khaimah Airport.
Abu Dhabi Airports Company (ADAC) assumed management and control of Abu Dhabi International Airport (ADIA) and Al Ain International Airport (AIA) as of 28 September 2006. ADAC is a public joint-stock company wholly owned by the Abu Dhabi