Dubai International Airport (DXB) is likely to make an 80-85 per cent operational recovery by the end of 2026 following the regional developments, announced CEO of Dubai Airports Paul Griffiths.
Speaking to Dubai Eye 103.8's Business Breakfast show, he forecasted a strong return to its 100 million passengers target by the end of 2027.
The airport had been previously operating at 38 per cent in May, with 541 daily movements. According to Griffiths, the airport currently reaches around 205 cities, with another 35 cities to be added in the next few months.
Meanwhile, cargo volumes have been "incredibly strong", said the Dubai Airports CEO, with around 75 per cent of normal capacity operations.
He added that one of the challenges in reaching a full recovery stems from the inability to gain complete foreign support due to security concerns.
However, Griffiths hopes that moving forward, foreign airlines will be able to allow for an early resumption of flights to and from DXB as the regional situation settles.
British luxury carmaker Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
Salik has renewed its tolling technology contract for Dubai's road toll system with US company TransCore for another five years, extending a partnership that dates back to 2006.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
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