Almost 3 million passengers are expected to pass through Dubai Airport over the next 12 days.
January 2 is traditionally one of the busiest travel days of the year, and DXB is planning to welcome 242,000 passengers.
Paul Griffiths, CEO of Dubai Airports, spoke to Dubai Eye 103.8's Business Breakfast show about the record numbers.
Approximately 60 per cent of passengers arriving to DXB are coming to Dubai, instead of transiting. This is an increase of around 10 per cent compared to previous years.
China was one of the fastest growing markets for Dubai Airport growing 20 per cent year-on-year pre-pandemic. Last month, China announced that it would be easing curbs on its borders, which have been largely shut since 2020.
Griffiths adds that this would mean "strong growth" for Dubai.
Dubai Airports are expecting to get close to 7.8 million passengers each month towards the end of this year.
There's demand for Dubai as a destination seeing more than 100 per cent recovery in direct traffic from pre-pandemic levels.
Griffiths thinks DXB will hit record numbers in 2023.
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.
Syrian President Ahmed Al-Sharaa announced that the country has attracted approximately $28 billion in investments during the first six months of this year, highlighting significant participation from companies based in the UAE, Saudi Arabia, and Qatar.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has emphasised the UAE's commitment to strengthening economic ties with African nations.
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Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.