Latest News
- Kuwait-Jordan Durra Field Joint Statement Rejected By Iran
- GTD Cracks Down On Vehicle Noise Pollution In Sulaibiya
- Mystery Of Dead Fish At Shuwaikh Beach Sparks Urgent Action
- MEW To Complete Links With The Interior And Justice Ministries B...
- 8 Expats Jailed For Bribing An Officer To Obtain Driver's Licens...
- Weekend Weather Is Expected To Be Hot
- From Tomorrow, Traffic Diversion On Third Ring Road
- Ministry Of Health Refute Rumors On Non-availability Of Antibiot...
- Amir Of Kuwait And Jordan King Renew Commitment To Regional Secu...
- 37 Arrested With Narcotics And Firearms
- Outrage Over Candidate's Arrest
- Six Stores Shut Down In Jahra For Selling Fake Goods
Dubai Airport To Charge 35 Dirhams To All Who Travel Through Their Airport
Dubai has found another way to raise cash, as the oil crash continues to take its toll on the broader region's economy.
Airlines will charge passengers flying through its airports a service fee of35 Emirati dirham (about $10) from June 30, according to a government statement Wednesday.
Children under two, cabin crew, and transit passengers leaving on the same flight will be exempt.
A resolution for the levy was approved Wednesday by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the crown price of Dubai, according to the Wall Street Journal.
Dubai International Airport is one of the busiest airports in the world. About 7.3 million people passed through it in January, according to the website.
We'd note that airport charges are not uncommon, and the government says the levy is to boost infrastructure. But the new airport charges, which will be transferred to the government's purse, are evidently a way to raise money in a country whose revenues have been strained by the plunge in oil prices.
And it's not just the United Arab Emirates coming up with ways to cope.
The government of Saudi Arabia, for example, confirmed in January that it is considering an initial public offering for the state-owned oil company Aramco.
And in Qatar, state-funded network Al Jazeera announced last weekend that it is cutting about 500 jobs from its main Doha operation, as its US cable news wing prepares to shutter next month.
Â
SOURCE : BUSINESSINSIDER
Trending News
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
-
Kuwait Airways Resumes Flights To Beirut And Oman...
15 April 2024
-
Bay Zero Water Park Kuwait: Summer Season Opens Ei...
11 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
Thief Returns Stolen Money With An Apology Letter...
15 April 2024
Comments Post Comment