Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

FPT and Nvidia to build AI factory

Nvidia had invested around $250 million in Vietnam.

Swiss reserve hike hits UBS

The reserve requirement will increase from 2.5% to 4% from July 1.

Abu Dhabi Airport traffic likely to surge 400% over holiday season

Passengers walk through Abu Dhabi International Airport. AFP
  • From the period running December 22 to January 2, Abu Dhabi Airports estimates an average of 32,000 passengers and 102 flights per day
  • Passenger traffic (59,000 per day) and flight numbers (149 per day) still remain down from the same period in 2019

Abu Dhabi International Airport (AUH) on Friday announced holiday traffic will increase almost 400 percent compared to 2020 driven by increased passenger demand, flight numbers and network presence.

From the period running December 22 to January 2, Abu Dhabi Airports estimates an average of 32,000 passengers and 102 flights per day will pass through AUH, which is almost four times the passenger traffic reported during the same period last year (8400 passengers per day) and almost twice the flights (56).

Passenger traffic (59,000 per day) and flight numbers (149 per day) still remain down from the same period in 2019.