Dubai to relocate airport to $35B new facility

Dubai International Airport, the world's busiest for international travel, will relocate to Al Maktoum International Airport in the next 10 years in a $35 billion project. The new airport will have five runways and 400 gates, aiming to accommodate the growing passenger numbers. Dubai's tourism industry is booming, with 86.9 million passengers in 2023 surpassing pre-pandemic levels. Financial challenges and past crises have impacted the city-state's aviation sector.