Dubai International Airport features at number five on the top ten busiest international air routes list of 2022.
The Middle East hub, which handled more than 60 million passengers last year, accounts for half of the world’s busiest international air routes according to aviation consultancy OAG.
Topping the billing for the UAE airport is its Dubai to Riyadh route, with 3.19 million scheduled seats and 40 flights per day. It is the second busiest international route in the world, behind Cairo to Jeddah that had 3.23 million seats scheduled in the past 12 months.
London Heathrow to Dubai, a route that has just had Emirates Airline's first retrofitted A380 superjumbo deployed on it, is the fourth busiest route in the world. It ranks behind the London airport's services to New York JFK, which lists in third place in terms of scheduled seats.
Dubai to Jeddah also features in the top 10, with 2.42 million seats per year. Destinations in the Middle East climbed up the rankings in 2022, taking the lead from other routes across Asia, according to OAG.
India also experienced an increase in route capacity with two routes ranking in the top 10, both of which operate between Dubai. These include Mumbai to Dubai, a route with 1.97 million seats, and Delhi to Dubai which squeezes into 10th position with 1.89 million scheduled seats.
Other routes making it into the ranking include Kuala Lumpur to Singapore, which ranks fifth after being the world's busiest route back in 2019; Orlando to San Juan as the seventh busiest route; and Cairo to Riyadh listed in ninth.
Top 10 international air routes 2022
1. Cairo — Jeddah: 3,234,683 seats
2. Dubai — Riyadh: 3,191,090 seats
3. New York JFK — London Heathrow: 2,848,044 seats
4. Dubai — London Heathrow: 2,697,593 seats
5. Kuala Lumpur — Singapore: 2,443,176 seats
6. Dubai — Jeddah: 2,425,930 seats
7. Orlando — San Juan: 2,099,234 seats
8. Mumbai — Dubai: 1,977,537 seats
9. Cairo — Riyadh: 1,913,991 seats
10. Delhi — Dubai: 1,898,749 seats
OAG defines the world's busiest flight routes as those with “the largest volume of scheduled airline seats” with data recorded for flights in both directions on each route. The data took into account scheduled seats between October 2021 and September 2022.
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Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
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Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
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Brief scoreline:
Tottenham 1
Son 78'
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Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
Ain Dubai in numbers
126: The length in metres of the legs supporting the structure
1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch
16 A380 Airbuses: The equivalent weight of the wheel rim.
9,000 tonnes: The amount of steel used to construct the project.
5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place
192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.
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What are the main cyber security threats?
Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.
Teachers' pay - what you need to know
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
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Rating: 4 stars
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House-hunting
Top 10 locations for inquiries from US house hunters, according to Rightmove
- Edinburgh, Scotland
- Westminster, London
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- Glasgow, Scotland
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- Kensington and Chelsea, London
- Highlands, Scotland
- Argyll and Bute, Scotland
- Fife, Scotland
- Tower Hamlets, London
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