Latest Press Releases
Welcome to the Public Debt Management Office ('DMO') Media Center where you can find the latest news.
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.
Dubai’s real estate sector sees transactions worth AED157 billion in the first quarter of 2023, an 80% rise from Q1 2022
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE, said the outstanding performance of Dubai’s economic sectors reflects the vision and foresight of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the goal of the Dubai Economic Agenda D33 to consolidate the emirate’s position as one of the world’s top three cities.