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Oil-rich Saudi Arabia to privatise airports to diversify economy

Oil-rich Saudi Arabia to privatise airports to diversify economy

Saudi Arabia's civil aviation authority has announced a plan to privatise its airports by 2020, as the kingdom looks to diversify its economy to boost non-oil income.

Saudi Arabia, US sign aviation security agreement

General Authority for Civil Aviation vice president Faisal bin Hamad Al-Sugair and TSA administrator John Pistole signed the agreement.