• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Aviation

Dubai bets on $35 billion airport project to increase revenue

Deborah Dan-Awoh by Deborah Dan-Awoh
April 28, 2024
in Aviation, Sectors
Dubai
Share on FacebookShare on TwitterShare on Linkedin

Dubai is resuming the construction of a new passenger terminal at Al Maktoum International Airport in anticipation of a surge in visitor numbers, following a hiatus that spanned several years.

The approval for the terminal’s designs came from the Emirate’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, and is projected to require an investment of 128 billion dirhams ($34.8 billion), as stated by the Dubai government. Al Maktoum International Airport, known for hosting the biennial Dubai Air Show, has gained prominence as a hub for cargo planes and private jets.

Dubai Airports is strategizing to incentivize more airlines to transition their operations to the new terminal in the coming years, as revealed by Paul Griffiths, Chief Executive Officer of the airport operator, in an interview.

MoreStories

Lagos State government, Oluyinka Olumide

Lagos explains why it reintroduced 61-day Planning Permit Amnesty

November 9, 2025
Meet 10 owners of popular hotels in Southwest Nigeria 

Meet 10 owners of popular hotels in Southwest Nigeria 

November 9, 2025

What you should know

Dubai, recognized as one of the world’s busiest long-haul transit hubs, has experienced a surge in air traffic surpassing pre-pandemic levels due to an increase in visitor footfall and a revival in long-haul connecting flights. Emirates, the city’s flagship carrier, reported record half-year profits extending through September 2023 and has been advocating for DWC’s expansion to accommodate its growth plans and expanding fleet.

Construction work on Dubai’s Al Maktoum airport was halted in 2019 amid economic challenges in the Gulf region, as reported by Bloomberg. The airport is designed to rank among the world’s largest, with an annual capacity exceeding 260 million passengers, according to its operator.

Backstory

The recent torrential rainstorm marked the most disruptive weather event in the 63-year history of Dubai International (DXB) airport, according to Griffiths, who disclosed that approximately 2,155 flights were cancelled during the deluge, marking the highest number of cancellations on record.

  • Griffiths emphasized the unparalleled nature of the disruption, stating, “We are the world’s busiest international airport that facilitates the journeys of an average of a quarter of a million guests travelling to 250 destinations around the world on more than 1,100 flights every day.“

He noted that while the airport has encountered challenging weather conditions in the past, the scale of disruption during this event necessitated a comprehensive and coordinated response from every member of the airport community.

The rainstorm, which saw a year’s worth of rainfall inundate Dubai within 24 hours on April 16, led to the cancellation, delay, and diversion of hundreds of flights at DXB. However, normal operations were restored at the airport by Monday, April 20, following concerted efforts to mitigate the impact of the adverse weather conditions.


Follow us for Breaking News and Market Intelligence.
Tags: Al Maktoum International AirportDubai airportsUAE
Deborah Dan-Awoh

Deborah Dan-Awoh

Deborah Dan-Awoh is a seasoned lifestyle analyst with a knack for storytelling. The focus of her work covers people, money and culture as it relates with business and economy. When she's not keeping tabs on the latest trends in lifestyle and finance- Deborah enjoys networking with industry experts to gain insight into major markets as it affects the populace

Related Posts

Why Billionaires are flocking to Abu Dhabi 
"Japa"

UAE imposes rules for travelers carrying $16,000 worth of valuables 

August 11, 2025
Ghana signs $1 billion deal with UAE to build Tech Hub in Ningo-Prampram 
Corporate deals

Ghana signs $1 billion deal with UAE to build Tech Hub in Ningo-Prampram 

May 31, 2025
UAE
"Japa"

UAE introduces remote work system for federal employees abroad to attract global talent 

March 11, 2025
Nigeria, UAE amend BASA to expand codeshare agreements for airlines from both countries 
Aviation

Nigeria, UAE amend BASA to expand codeshare agreements for airlines from both countries 

February 12, 2025
UAE
"Japa"

UAE offers visa fine waiver service for individuals facing overstaying penalties 

January 28, 2025
UAE, Singapore to become wealth magnets as 142,000 millionaires plan migration in 2025 
Billionaire Watch

UAE, Singapore to become wealth magnets as 142,000 millionaires plan migration in 2025 

January 23, 2025
Next Post
Bitcoin, Peter Schiff

Analysts warn Bitcoin could drop as low as $59,000, say coin has reached  cycle peak 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • Lagos explains why it reintroduced 61-day Planning Permit Amnesty
  • Meet 10 owners of popular hotels in Southwest Nigeria 
  • Lagos State returns to capital market with N200 billion bond offer 

Follow us on social media:

Recent News

Lagos State government, Oluyinka Olumide

Lagos explains why it reintroduced 61-day Planning Permit Amnesty

November 9, 2025
Meet 10 owners of popular hotels in Southwest Nigeria 

Meet 10 owners of popular hotels in Southwest Nigeria 

November 9, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics