Bahrain International Airport Project Recognized as Arab World's Top Development of 2024
The award celebrates the successful collaboration between the two entities in the $1.1 billion Bahrain International Airport (BIA) Development Project. The prize was received by Mohamed Saif Al Suwaidi, Director General of ADFD, and Mohamed Yousif Al Binfalah, CEO of Bahrain Airport Company, during the annual meeting of Arab financial institutions hosted by the Arab Fund for Economic and Social Development in Kuwait.
The project, which was completed on time and within budget, marks a milestone in Bahrain's vision to develop vital infrastructure and achieve sustainable development goals. The expanded and modernized Bahrain International Airport has boosted its passenger capacity from 9 to 14 million annually, enhanced operational efficiency, and significantly improved the traveler experience. The airport also earned LEED Gold certification for its commitment to environmental sustainability.
Al Binfalah emphasized that this award is a testament to Bahrain's strategic planning and execution, supported by strong leadership and effective regional partnerships. He praised the unwavering support from His Majesty King Hamad bin Isa Al Khalifa and the continuous follow-up by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister.
ADFD's Al Suwaidi hailed the five-decade-long partnership with Bahrain, which has driven progress across key sectors and aligns with Bahrain's Economic Vision 2030. He noted that this joint Gulf achievement demonstrates the power of regional collaboration in accelerating sustainable development across the Arab world.
The Abdul Latif Yousef Al Hamad Development Award is granted annually to outstanding economic and social development projects in the Arab region, with special priority given to impactful joint Arab ventures.
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