Equity Analysis /
Saudi Arabia

Saudi Arabia: Lower airport charges, positive for tourism sector

  • According to Bloomberg, GACA announced its plans to reduce airport charges by 35% this year

  • The airports included are the major 3 airports in Saudi (Riyadh, Jeddah and Dammam), which have c75-85% of traffic

  • We believe the reduction in charges will be positive for the tourism sector mainly for SGS and Catering

Iyad Khalid Ghulam
Iyad Khalid Ghulam

Head of Equity Research

SNB Capital
21 July 2022
Published bySNB Capital


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