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.
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
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