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Dubai’s aviation sector rebounds from pandemic with airshow

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Dubai Airshow 2021, one of the world’s mega aviation events, is set to start from November 14 to 18.

The event will have more than 1,200 exhibitors from 148 countries, displaying over 160 aircraft. More than 250 industry experts are also participating in different conferences at the event to share insights and trends across nine areas of expertise including cargo, sustainability, technology and space.

More than 80,000 people are expected to visit the Dubai Airshow, which is taking place at its purpose-built venue – Dubai Airshow Site – at the Dubai World Central airport.

The air show comes as this mega city’s aviation sector bounces back from the coronavirus pandemic. Last year, Dubai’s two major carriers, Emirates and flydubai slowly restored their networks as key markets opened for travel.

During a media briefing earlier this month, Dubai Civil Aviation Authority’s President and Emirates’ Chairman Sheikh Ahmed bin Saeed Al Maktoum called the Dubai Airshow a testament to the emirate’s response to the pandemic.

He told the media that Dubai’s response to the pandemic was focused on protecting the health and wellbeing of the people as a top priority while minimising the impact of the crisis on the nation’s economy.

The biennial Dubai Airshow is a proof that the city is one of the world’s largest aviation hubs. Around 60 years ago, Dubai’s economy was mostly supported by pearling and fishing, and around 20,000 people used to live there. Until 1958, Dubai had no airport and a runway, which was built in 1962, was just a compacted salt bed, with no tar cover.

Now, Dubai is a busy metropolis with towering skyscrapers and a population of over 3.5 million. Defying the impact of the pandemic, its airport recently reclaimed the top spot as the world’s busiest in terms of capacity.

The resurgence of the city’s aviation sector is reflected in Emirates’ latest financial results. The company registered an 81 per cent rise in its revenue to Dh24.7 billion in the last two fiscal quarters this year. The airline carried 6.1 million passengers between April 1 and September 30, 2021, registering 319 per cent increase from the same period last year.

Meanwhile, the Dubai International Airport has been seeing an influx of travellers as the emirate enters its peak tourist season and hosts high-profile events such as the Expo 2020 Dubai and ICC T20 World Cup. During the first half of 2021, the airport registered 10.6 million passengers with its operators claiming a robust growth in the second half.

Dubai Airshow 2021 will be the largest aerospace trade event to be held globally since the beginning of the pandemic, with the cancellation of European shows Farnborough and Le Bourget in 2020 and 2021, respectively.

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UAE Central Bank fines local bank Dh3 million over anti-money laundering failures

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The Central Bank of the UAE (CBUAE) has imposed a financial penalty of Dh3 million on a local bank for failing to comply with anti-money laundering (AML) regulations.

The fine was issued under Article 14 of Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combatting the Financing of Terrorism and Illegal Organisations, as well as Article 137 of the Decretal Federal Law No. (14) of 2018 concerning the Central Bank and regulation of financial institutions.

The CBUAE said the penalty followed an investigation which found that the bank had not met regulatory requirements outlined in UAE legislation to combat financial crime.

In a statement, the Central Bank reaffirmed its commitment to maintaining the transparency and integrity of the country’s financial system. “We continue to supervise and regulate all licensed financial institutions to ensure full compliance with UAE laws, regulations, and standards,” the authority said.

The name of the bank was not disclosed.

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Dubai’s RTA steps up inspections of buses to ensure safety

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Dubai’s Roads and Transport Authority (RTA) has urged transport operators to strictly follow regulations covering all modes of passenger transport, including chartered buses, tourist services, and international bus trips.

This comes after RTA completed over 15,500 inspections targeting operators in these sectors, as part of ongoing efforts to raise service standards and ensure safety.

“The inspections weren’t just about issuing violations,” said Saeed Al Balooshi, Director of Passenger Transport Activities Monitoring at RTA. “They’re designed to improve service quality and ensure operators meet the rules that keep Dubai’s transport sector running smoothly.”

Checks included verifying safety measures onboard and ensuring all required licences were in place. The RTA also teamed up with other authorities, including Dubai Police and the General Directorate of Residency and Foreigners Affairs at Hatta Border Post, to tackle misuse and irregularities in cross-border transport services.

Al Balooshi added that the authority is using new technologies to make inspections more effective by analysing violations and measuring the impact of enforcement campaigns. “Our goal is to ensure a reliable and high-quality experience for residents, visitors, and tourists, and to protect the reputation of Dubai’s public transport sector,” he said.

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New paid parking zones announced in Abu Dhabi

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Residents and motorists in Abu Dhabi should take note: new Mawaqif paid parking zones have been activated in several areas across the city, Q Mobility announced on Thursday, July 10.

The newly introduced paid zones include:

  • Eastern Mangroves
  • Dolphin Park
  • Al Khaleej Al Arabi Street sectors – specifically at Al Khaleej Al Arabi Park 1, 2, 4, and 5
  • Al Qurm Plaza

The rollout of the Mawaqif system in these areas is now officially in effect, aligning with Abu Dhabi’s parking regulations.

  • Standard Parking – black and blue curbs:
    • Dh2 an hour
    • Dh15 for 24-hour parking
  • Premium Parking Abu Dhabi – white and blue curbs: AED 3 an hour

According to Q Mobility, this move is part of ongoing efforts to better regulate vehicle movement, ease congestion, and improve the overall efficiency of public parking across the emirate. The changes follow the completion of infrastructure upgrades such as curb painting, installation of directional and awareness signage, and public notifications.

The company has also encouraged drivers to make use of the Darb app for digital payment and to carefully follow posted instructions to avoid fines.

The expansion of Mawaqif is part of a broader strategy aimed at improving traffic flow and providing smarter, more streamlined parking solutions within Abu Dhabi Island and beyond.

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