Travelex, a Finablr company and market leading foreign exchange specialist, has extended its relationship with Bahrain International Airport (BIA) to operate multiple outlets at the new passenger terminal building. 

 

Travelex has signed a five-year contract with Bahrain Airport Company (BAC), successfully winning a tender to provide currency exchange services. 

 

BAC Chief Executive Officer Mohamed Yousif Al Binfalah and Travelex Managing Director Tom Fane signed the agreement in the presence of  Bahrain's Minister of Transportation & Telecommunications and BAC Chairman, Engineer Kamal bin Ahmed Mohammed, and members of the BAC commercial team.

 

Travelex will now operate four stores in the airport’s new terminal, providing travellers to and from Bahrain with access to a wide variety of currencies and services to match their travel needs. Two stores will be located at landside, accessible to the public, and two more at airside, after passengers pass through security and immigration. 

 

Retail areas at the new terminal will be three times larger than at the existing airport, offering passengers more variety and transforming BIA into a key commercial hub. This supports BAC’s goal to increase the aviation sector’s contribution to the national economy in line with Bahrain’s Economic Vision 2030. 

 

The new passenger terminal, one of the biggest construction works undertaken in the kingdom, spans approximately four times the footprint of the existing terminal and will boost the airport’s capacity to 14 million passengers every year. 

 

With this new contract, Travelex’s tenure as a preferred currency exchange provider to Bahrain’s airport customers hits the 20-year mark, making it one of the longest standing relationships Travelex has in the region. - TradeArabia News Service