Those wanting to return home will be allowed to do so without paying the fines usually required for overstaying. Reuters
Those wanting to return home will be allowed to do so without paying the fines usually required for overstaying. Reuters

Dubai Airports traffic dips to 6.9m in February, India remains top travel destination



Traffic at Dubai International Airport, the world's busiest for international travel, dipped 0.3 per cent year-on-year to 6.9 million passengers in February, Dubai Airports said.

Passenger traffic for the first two months of the year also slipped 0.6 per cent to 14.9 million compared to the same period in 2017, Dubai Airports said, without giving a reason for the decline. Flight movements at Dubai International were down 3.4 per cent to 66,762 flights year-to-date.

Eastern Europe was the fastest growing market with traffic up 17.6 per cent, followed by South America and the CIS, according to Dubai Airports. India remained the top travel country, followed by the UK, Saudi Arabia and Pakistan. London was the most travelled city, ahead of Mumbai and Bangkok.

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Annual passenger traffic at Dubai International is expected to reach 90.3 million in 2018, up from 88.2 million last year, the operator said earlier. Dubai International is home to the world's biggest long-haul carrier Emirates and its discount sister FlyDubai.

What is double taxation?
  • Americans living abroad file taxes with the Internal Revenue Service, which can cost hundreds of dollars to complete even though about 60 per cent do not owe taxes, according to the Taxpayer Advocate Service
  • Those obligations apply to millions of Americans residing overseas – estimates range from 3.9 million to 5.5 million – including so-called "accidental Americans" who are unaware they hold dual citizenship
  • The double taxation policy has been a contentious issue for decades, with many overseas Americans feeling that it punishes them for pursuing opportunities abroad
  • Unlike most countries, the US follows a citizenship-based taxation system, meaning that Americans must file taxes annually, even if they do not earn any income in the US.
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UAE currency: the story behind the money in your pockets
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Company: Eighty6 

Date started: October 2021 

Founders: Abdul Kader Saadi and Anwar Nusseibeh 

Based: Dubai, UAE 

Sector: Hospitality 

Size: 25 employees 

Funding stage: Pre-series A 

Investment: $1 million 

Investors: Seed funding, angel investors  

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