Incheon International Airport, South Korea's main aviation gateway, will undergo a comprehensive renovation of its aging Terminal 1 by 2035, with total costs exceeding 1.77 trillion won (about $129 million), the operator announced Tuesday. The project will focus on upgrading infrastructure, baggage handling, IT systems, and passenger amenities, with phased execution to minimize disruptions.

Sep 2, 2026

Economy

Iran Targets $8 Billion Annual Trade Through Rimdan Free Zone

Iran's Rimdan Free Zone has set a target of $8 billion in annual trade, leveraging its strategic location near Pakistan and the Sea of Oman. The zone plans to expand infrastructure and attract foreign investment, but faces challenges from infrastructure gaps and regional competition.

Aug 18, 2026