INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Dubai Airport to reopen Terminal 1

Cargo traffic was up 20.4 percent in the last quarter. (AFP File)
    • The reopening of the facilities will enable the return of 40 plus international carriers that are currently operating at Terminals 2 and 3 back to their home terminal at DXB

    • Dubai Airports has advised passengers to confirm their terminal of departure and arrival with their airline before coming to the airport 

    Dubai Airports has announced that it will reopen Dubai’s International’s Terminal 1 and Concourse D on June 24. The facilities were closed on March 25, 2020 following the partial suspension of operations at Dubai International Airport (DXB) to control the spread of COVID-19.

    The reopening of the facilities will enable the gradual return of 40 plus international carriers that are currently operating at Terminals 2 and 3 back to their home terminal at DXB.

    Dubai Airports has advised passengers to confirm their terminal of departure and arrival with their airline before coming to the airport as the transition will be managed in several stages, with the plan for the relocation to be completed by the end of June.

    Chairman of Dubai Airports Sheikh Ahmed bin Saeed Al Maktoum welcomed the reopening of Terminal 1 as an important step in preparing to accommodate the anticipated growth in travel demand in the coming months. 

    “Dubai’s aviation sector has been at the forefront of a global campaign to restore vital international air services with the opening of quarantine-free travel corridors between the UAE and multiple countries around the world,” Sheikh Ahmed said.

    “This move signals our confidence that the outlook for the rest of the year and beyond is one of optimism, as well as being a clear indication of Dubai’s intent to lead the aviation industry to enable social and economic world recovery”. 

    Opened in February 2016, the $1.2 billion Concourse D is linked to Terminal 1 by an airport train, and the combination of these two facilities provide world-class service levels for an annual capacity of 18 million passengers.