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.
The UAE and Argentina have announced the launch of negotiations for a Comprehensive Economic Partnership Agreement (CEPA), marking a new step in efforts to deepen trade and investment relations.
Meraas, part of Dubai Holding Real Estate, has awarded a contract worth nearly AED 1 billion to GCC Contracting to build 272 villas and townhouses in Phase 7 of Nad Al Sheba Gardens.
Meta CEO Mark Zuckerberg on Wednesday has unveiled a small handheld gadget called Meta Charm for using its new Muse AI assistant, taking the company's hardware efforts beyond its successful smart glasses.
The Central Bank of the UAE has imposed strict enforcement measures on the UAE branches of Bank Melli Iran following violations of regulatory requirements, including legislation related to anti-money laundering and combating the financing of terrorism and proliferation financing.
A free trade agreement between India and New Zealand, signed in April, will come into force on October 20, Indian trade minister Piyush Goyal said on Monday, as New Delhi seeks to boost exports and attract investment amid shifts in global trade.
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