Dubai DXB airport sees record 2024 traffic, IMF upgrades UAE growth projection

The UAE has accelerated plans to diversify its economy away from hydrocarbons and draw foreign investmentDUBAI – Dubai's main airport expects to handle a record passenger traffic this year after an 8.4 per cent rise in the first quarter compared with a year earlier, operator Dubai Airports said on Tuesday.

"With a strong start to Q2 and an optimistic outlook for the rest of the year, we have revised our forecast for the year to 91 million guests, surpassing our previous annual traffic record of 89.1 million in 2018," CEO Paul Griffiths said in the statement.Dubai is the biggest tourism and trade hub in the Middle East, attracting a record 17.15 million international overnight visitors last year.

In its latest Article IV end of mission statement, the IMF's delegation noted that economic growth in the UAE was broad based, and driven by solid domestic activity in sectors such as tourism, construction and financial services."Foreign demand for real estate, increased bilateral and multilateral ties, and the UAE’s safe haven status continue to drive rapid growth in housing prices and an increase in rents, while adding to ample domestic liquidity," the statement said.

Dubai International Airport UAE Growth UAE GDP Al Maktoum International Airport Non-Oil GDP

پاکستان تازہ ترین خبریں, پاکستان عنوانات

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