The easing of travel restrictions to and from the UAE will deeply benefit Expo 2020 Dubai as it officially opens in October.
That's according to Paul Griffiths, Chief Executive of Dubai Airports, who spoke exclusively to Dubai Eye's 103.8's Business Breakfast about how the UAE is on a positive trajectory towards recovery.
He's also hopeful that it will eventually lead to a "blanket release" of travel restrictions soon.
Griffiths added that the UK's decision to move the UAE to 'amber' status is a major step forward.
"London's always been the major route between the UAE and the UK and not to have to spend 10 days in a hotel immediately on arrival is going to be an absolute blessing for so many people," he said.
Griffiths also highlighted how the UAE's recent decision to allow UAE residents return from India, Pakistan, Sri Lanka, Nepal, Nigeria and Uganda, will boost the travel sector.
The value of transactions conducted in the banking sector within the country through the UAE Funds Transfer System (UAEFTS) rose to AED 19.898 trillion during 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).
Dubai Electricity and Water Authority (DEWA) announced a contribution of AED 20 million to the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai.
DP World has announced revenue grew by 9.7 per cent to $20 billion (AED 73.5 billion), and adjusted EBITDA rose by 6.7 per cent to $5.5 billion (AED 20.2 billion), with an adjusted EBITDA margin of 27.2 per cent for the year ending December 31, 2024.