Dubai International Airport has returned to 100 per cent operational capacity, with the opening of the final phase of Concourse A.
Terminal 3 is now expected to serve more than 1.6 million passengers as peak holiday travel unravels during the second half of December.
Visitors to Dubai exceeded 1 million during October and DXB reached the important milestone of 1 million passengers per week in November, with origin-destination passengers reaching 94 per cent of pre-pandemic levels.
"Reaching the point where 100 per cent of our facilities are now open and serving customers, plus the huge resurgence in passengers arriving into Dubai marks an important milestone for the aviation sector as well as for the city of Dubai and its economic growth," said Paul Griffiths, CEO of Dubai Airports.
Over 18 months, Dubai Airports has seen a stable increase in passenger traffic, with the numbers expected to touch 28.9 million by the end of the year surpassing the September forecast of 2.1 million.
The numbers, he added, represents "a huge achievement towards full recovery".
French luxury group LVMH has agreed to sell fashion brand Marc Jacobs to a joint venture between brand manager WHP Global and apparel company G-III Apparel Group, which are raising up to $850 million to fund the deal, the companies said on Thursday.
India on Thursday tightened rules for duty-free gold imports for jewellery exports by capping imports at 100 kg per licence, the government said in an order.
The US Senate on Wednesday voted to confirm Kevin Warsh as the chair of the Federal Reserve, paving the way for the lawyer, financier and former central-bank governor to take the reins of the Fed.
Dubai Taxi Company (DTC) has announced a major expansion deal, signing an agreement to acquire National Taxi, one of the UAE’s established taxi operators, in a transaction valued at AED 1.45 billion.