Latest Press Releases
Welcome to the Public Debt Management Office ('DMO') Media Center where you can find the latest news.
Investment Corporation of Dubai(‘ICD’) Announces Record Revenues of AED 267.4 Billion, up 58 percent, and a Record Net Profit
ICD announced today its consolidated financial results for the year ended 31 December 2022 having generated record Revenues of AED 267.4 Billion and a record Net Profit of AED 36.1 Billion. All business segments contributed to this remarkable achievement.
Emirates Group: Revenue of AED 119.8 billion, Increased by 81% with Strong Customer Demand Worldwide
- Group reports annual profit of AED 10.9 billion (US$ 3.0 billion), a new profit and revenue record and a significant turnaround from last year.
- Group revenue of AED 119.8 billion (US$ 32.6 billion) increased by 81% with strong customer demand worldwide with almost all travel restrictions removed.
DXB Q1 Traffic Reaches 95.6% of 2019 Levels with 21.2Million Passengers
Traffic at Dubai International (DXB) has reached 95.6% of 2019 levels with passenger numbers exceeding 21.2 million in the first quarter of the year. This follows DXB’s strong showing last year during which the airport clocked 66m passengers to retain its position as the world’s busiest international hub for the ninth year running.
Dubai's Tourism Soars with 17% Year-on-Year Growth in Q1 2023, Poised to Claim the Title of the Most Visited International Destination
Dubai welcomed 4.67 million international overnight visitors in the first quarter of 2023, compared to 3.97 million tourists during the same period in 2022. This marks a 17 % YoY growth and the city’s best Q1 performance since the pandemic.