Air passenger traffic is forecast to reach pre-pandemic numbers by 2025.
That's according to Paul Griffiths, CEO of Dubai Airports, who spoke exclusively to Dubai Eye 103.8's Business Breakfast on Thursday.
He's optimistic that the UK's decision to start accepting UAE vaccination certificates from October 4 will boost travel demands.
While things have been looking up and Griffiths is aiming to reach the desired number way before 2025, he emphasised that a slow-and-steady approach is still ideal and insists that it is not wise to increase production capacity too quickly.
As travel restrictions continue to ease, he said that it is highly significant for the travel industry.
He further added that the number of flights will also increase to cater to an influx of passengers who will be flying between the UK and the UAE.
One of the biggest decisions for Dubai Airports is whether or not to get the A380-dedicated concourse operational that they need to take by mid-October.
According to Griffiths, if the news continues to be as good as it has been in the last few days, it is likely to trigger a demand for new employees and they will soon start the hiring process to cater to the rising number of bookings.
Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, and Executive Chairman of XRG, has received the 2026 Distinguished Global Leadership Award from the Washington D.C.-based Middle East Institute (MEI).
Dubai has achieved its highest ever ranking in the Global Financial Centres Index (GFCI), climbing to seventh place, underscoring the emirate’s rise as one of the world's most influential financial hubs and its importance in the global financial system.
Global equity markets, including from the U.S., Europe and Asia, rose while oil prices fell on Wednesday, as traders cheered news of ceasefire proposals to de-escalate the ongoing conflict in the Middle East.
Australia's centre-left government has introduced legislation in the parliament to double penalties for fuel price gouging on Wednesday as global supply disruptions due to the Iran war triggered fuel shortages in some rural regions.
Gulf markets ended mixed on Tuesday, with Qatar extending losses while other bourses steadied as investors parsed conflicting signals on potential US-Iran talks.
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