Dubai Airport Traffic Records Two-Thirds of its Pre-Pandemic Level

 Dubai Airport said online check-in will mean normal procedures can be bypassed and then passengers can get in and out very quickly. (AFP)
Dubai Airport said online check-in will mean normal procedures can be bypassed and then passengers can get in and out very quickly. (AFP)
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Dubai Airport Traffic Records Two-Thirds of its Pre-Pandemic Level

 Dubai Airport said online check-in will mean normal procedures can be bypassed and then passengers can get in and out very quickly. (AFP)
Dubai Airport said online check-in will mean normal procedures can be bypassed and then passengers can get in and out very quickly. (AFP)

Dubai International Airport said the latest figures showed that the traffic volume during H1 2022 represents 67.5% of the its pre-pandemic passenger traffic during the same period in 2019.

The airport screened 27.9 million passengers in the first half of the year despite a significant reduction in capacity resulting from the 45-day closure of its northern runway in May-June for a major refurbishment project.

Maintaining its growth recovery for the ninth successive quarter since the start of the pandemic, the airport recorded 14.2 million passengers in Q2 2022, a year-on-year jump of 190.6%.

The hub welcomed a total of 27,884,888 passengers in the first half of the year, up 161.9% compared to H1 2021.

India remained the airport’s top destination country by passenger numbers with traffic for H1 2022 reaching four million passengers – driven primarily by top city destinations such as Mumbai, Delhi, and Hyderabad.

Saudi Arabia came second on the list with two million passengers, followed closely by the United Kingdom with 1.9 million passengers. Other country destinations of note include Pakistan (1.7 million passengers), and the United States (1.4 million passengers).

The top three cities were London with 1.3 million passengers, Riyadh 910,000 passengers, and Mumbai 726,000 passengers.

CEO of Dubai Airports Paul Griffiths said the airport’s recovery from the impact of the global pandemic has been spectacular, and that position has been strengthened during 2022, particularly during Q2 2022.

“Not only has Dubai Airports been successful in managing the recovery, but customer service quality has been maintained throughout.”

The airport gearing up to help ease transit travel for World Cup supporters ahead of the tournament starting in November, Griffiths affirmed.

The first World Cup ever held in a Middle Eastern country is set to kick off in Qatar on November 20, and will last until December 18.

Gulf states have agreed to ease administrative procedures for fans in transit, in particular through the United Arab Emirates.

“We are actually putting together some immigration procedures, which actually should make that transition between the two countries a lot easier,” Dubai Airports chief Paul Griffiths told AFP.

He said online check-in will mean normal procedures can be bypassed “and then you can get in and out very quickly.”

Without specifying figures, Griffiths said there would be quite a number of flights every day during the World Cup, ferrying fans to and from Doha, the Qatari capital, following requests by several airlines.



Indian Refiners Avoid Russian Oil in Push for US Trade Deal

An employee walks inside the premises of an oil refinery of Essar Oil in Vadinar in the western state of Gujarat, India, October 4, 2016. REUTERS/Amit Dave/File Photo
An employee walks inside the premises of an oil refinery of Essar Oil in Vadinar in the western state of Gujarat, India, October 4, 2016. REUTERS/Amit Dave/File Photo
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Indian Refiners Avoid Russian Oil in Push for US Trade Deal

An employee walks inside the premises of an oil refinery of Essar Oil in Vadinar in the western state of Gujarat, India, October 4, 2016. REUTERS/Amit Dave/File Photo
An employee walks inside the premises of an oil refinery of Essar Oil in Vadinar in the western state of Gujarat, India, October 4, 2016. REUTERS/Amit Dave/File Photo

Indian refiners are avoiding Russian oil purchases for delivery in April and are expected to stay away from such trades for longer, refining and trade sources said, a move that could help New Delhi seal a trade pact with Washington, according to Reuters.

The US and India moved closer to a trade pact on Friday, announcing a framework for a deal they hope to conclude by March that would lower tariffs and deepen economic cooperation.

Indian Oil, Bharat Petroleum and Reliance Industries are not accepting offers from traders for Russian oil loading in March and April, said a trader who approached the refiners.

These refiners, however, had already scheduled some deliveries of Russian oil in March, refining sources said. Most other refiners have stopped buying Russian crude.

A foreign ministry spokesperson said: “Diversifying our energy sourcing in keeping with objective market conditions and evolving international dynamics is at the core of our strategy” to ensure energy security for the world's most-populous nation.

Although a US-India statement on the trade framework did not mention Russian oil, President Donald Trump rescinded his 25% tariffs on Indian goods, imposed over Russian oil purchases, because, he said, New Delhi had “committed to stop directly or indirectly” importing Russian oil.

New Delhi has not announced plans to halt Russian oil imports.

India became the top buyer of discounted Russian seaborne crude after Russia invaded Ukraine in 2022, spurring a backlash from Western nations that had targeted Russia's energy sector with sanctions aimed at curtailing Moscow's revenue and making it harder to fund the war.

One regular Indian buyer is Russia-backed private refiner Nayara, which relies solely on Russian oil for its 400,000-barrel-per-day refinery. Sources said Nayara may be allowed to keep buying Russian oil because other crude sellers pulled back after the European Union sanctioned the refiner in July.

Nayara also does not plan to import Russian crude in April due to a month-long refinery maintenance shutdown, a source familiar with its operations said.

Nayara did not respond to an email seeking comment.

Indian refiners may change their plan and place orders for Russian oil only if advised by the government, sources said.

Trump's order said US officials would monitor and recommend reinstating the tariffs if India resumed oil procurement from Russia.

Sources said last month that India was preparing to cut Russian oil imports below 1 million bpd by March, with volumes eventually falling to 500,000–600,000 bpd, compared with an average 1.7 million bpd last year. India's Russian oil imports topped 2 million bpd in mid-2025.

The intake of Russian oil by India, the world's third-biggest oil consumer and importer, declined to its lowest level in two years in December, data from trade and industry sources show.

 


IMF and Arab Monetary Fund Sign MoU to Enhance Cooperation

The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA
The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA
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IMF and Arab Monetary Fund Sign MoU to Enhance Cooperation

The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA
The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA

The International Monetary Fund (IMF) and the Arab Monetary Fund (AMF) signed a memorandum of understanding (MoU) on the sidelines of the AlUla Conference on Emerging Market Economies (EME) to enhance cooperation between the two institutions.

The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki, SPA reported.

The agreement aims to strengthen coordination in economic and financial policy areas, including surveillance and lending activities, data and analytical exchange, capacity building, and the provision of technical assistance, in support of regional financial and economic stability.

Both sides affirmed that the MoU represents an important step toward deepening their strategic partnership and strengthening the regional financial safety net, serving member countries and enhancing their ability to address economic challenges.


Saudi Chambers Federation Announces First Saudi-Kuwaiti Business Council

File photo of the Saudi flag/AAWSAT
File photo of the Saudi flag/AAWSAT
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Saudi Chambers Federation Announces First Saudi-Kuwaiti Business Council

File photo of the Saudi flag/AAWSAT
File photo of the Saudi flag/AAWSAT

The Federation of Saudi Chambers announced the formation of the first joint Saudi-Kuwaiti Business Council for its inaugural term (1447–1451 AH) and the election of Salman bin Hassan Al-Oqayel as its chairman.

Al-Oqayel said the council’s formation marks a pivotal milestone in economic relations between Saudi Arabia and Kuwait, reflecting a practical approach to enabling the business sectors in both countries to capitalize on promising investment opportunities and strengthen bilateral trade and investment partnerships, SPA reported.

He noted that trade between Saudi Arabia and Kuwait reached approximately SAR9.5 billion by the end of November 2025, including SAR8 billion in Saudi exports and SAR1.5 billion in Kuwaiti imports.