Dubai International raised its passenger forecast for this year by nearly two million to 64.3 million people after a strong pick up in business in the third quarter from the same period last year.
DXB has handled nearly 18.5 million passengers in the three months to the end of September, up from 6.7 million a year earlier, state-owned operator Dubai Airports said in a statement.
It has seen more than 46.3 million passengers so far this year, up 168 per cent year-on-year, and about 72 per cent of its traffic in the same nine months of 2019, before the pandemic.
Speaking exclusively to Dubai Eye 103.8's Business Breakfast show, Paul Griffiths CEO of Dubai Airports, spoke about the results.
Figures for the next few years also look positive and could hit more passengers than ever seen before.
London was the top destination city in the third quarter, with two million passengers, followed by Riyadh and Mumbai. India was the top country destination, with 6.8 million passengers, followed by Saudi Arabia, Britain and Pakistan.
ADNOC Distribution has reported a net profit growing by 15.6 per cent year-on-year to $579 million in the first nine months, with an EBITDA increase of 12 per cent to $885 million, its strongest performance since listing in 2017.
TECOM Group has announced a 20 per cent revenue growth reaching more than AED 2.1 billion, with a net profit exceeding AED 1.1 billion, marking an 18 per cent year-on-year increase.
The Dubai Financial Market (DFM) has announced its consolidated financial results for the nine months ending September 30, reporting a net profit before tax of AED 930.8 million, an increase of 212 per cent compared to the same period in 2024.
DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.