Dubai International (DXB) has seen its passenger traffic surge to 95.6 per cent of 2019 levels, as it recorded over 21.2 million passengers in the first quarter of 2023.
This shows a 55.8 per cent increase compared to the first quarter of 2022, with March being the busiest month, welcoming 7.3 million passengers.
DXB continues to be the world's busiest international hub, with 234 destinations across 99 countries operated by 89 scheduled international carriers.
India remained the top destination country for DXB, followed by Saudi Arabia, UK and Pakistan.
DXB's CEO, Paul Griffiths, said the airport's performance has exceeded expectations and the outlook for the remainder of the year remains positive.
DXB have also had to revise their original 78 million forecast target to 83.6 million passengers.
Speaking to ARN News, Griffiths says it may rise even further.
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.