Spending at Dubai Duty Free to rise 10 per cent in 2015: Bloomberg

Spending at Dubai International Airport could rise by more than 10 per cent to $2.1 billion in 2015, Dubai Duty Free deputy chairman Colm McLoughlin said in an interview published by Bloomberg.

This would restore Dubai Duty Free as the largest duty free hub in the world. In 2014, South Korea’s Incheon Airport took first in the global duty free league. Business in Dubai was affected by reduced flights from Dubai during runway repairs.

Dubai Airports announced last week that the number of passengers passing through Dubai International Airport rose by 6.1 per cent last year to 70.5 million, making it the top hub worldwide for cross-border passengers. It forecasts predicts it will overtake London in 2015.

Dubai International Airport’s Concourse D is scheduled to open in May. This will expand passenger capacity to 90 million. It will have 7,000 square metres of retail space. This will increase total retail space in Dubai International Airport to 33,000 square metres.

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