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00:00Indeed, after the announcement of Sheikh Mohammed's wife in the new airport in Al-Maktoum airport in charge of the design
00:12and if we talk in terms of numbers, 128 billion dirhams cost.
00:20Of course, what you saw today in terms of the presentation, the principle I say in terms of design, this is the beginning.
00:29I mean, a lot of work has been done and the choice of this design, at least, to start the project.
00:40Of course, the project will take 8 to 10 years in terms of the implementation period.
00:46All the operations of the current airport will be transferred to the new airport.
00:52Of course, a lot of people ask what will be solved in the current airport.
00:57This is a decision for the government, not for the current site.
01:02Of course, in terms of funding for this airport, there is a comprehensive plan.
01:09Funding is always the main factor, but always when we announce something, there is a well-studied plan.
01:19But, of course, the funding will be mixed, right?
01:22Yes.
01:23Is there a ratio?
01:24I can't say today, because there is a time when we will announce exactly how much.
01:30To what extent will local companies benefit from the contracts in the coming period in terms of growth and size of their work,
01:35especially when we see a huge boom in the current period in terms of non-oil economy in the country?
01:41Are we talking about airlines?
01:43Airlines, test companies, construction companies, and so on?
01:46There is no doubt that any big project will be implemented in a big location in the current numbers.
01:54There is no doubt that local companies will benefit in all its forms,
02:01whether it is the existing banks, the existing contracting companies, or the existing hotels.
02:09People will travel and come to implement this project.
02:16I can say that there will be a great benefit for the country and the region.
02:23God willing, 260 million passengers is the number of the contractor.
02:27Yes, the contractor.
02:28That's right.
02:29Also, it is not the idea that the airport and travel, we are talking about shipping and logistics.
02:35The airport is part of it.
02:36To what extent will the idea of logistical areas, especially in the south of Dubai,
02:42form an attractive area for the country?
02:45Of course, for the south of Dubai, it started a long time ago.
02:50There are many logistical areas and well-known companies,
02:54which have increased their work from the current location.
02:58For many, those who do not know may say, is this the beginning of this project?
03:02Yes, this project started more than 10 years ago.
03:07There is an airport, a terminal, and a current terminal.
03:13There are 35 million passengers.
03:16There are companies that work from the airport.
03:19We will also find that there will be a lot of operations in Dubai next year.
03:27After that, it will increase its operations from the current location to the designated airport.
03:34I would like to ask you about the Emirates flights.
03:36Recently, we had a number of challenges, whether geopolitical challenges in the region
03:41or climate change and the arrival of rains, which has been the biggest issue for 75 years.
03:47Are we still facing a series of problems in the schedule of flights?
03:51Even for bags and logistical matters?
03:54Thank God, the schedule has returned for the Emirates flights
04:01and also for other companies.
04:04We had a real challenge for bags due to the difficult conditions that the airport has gone through.
04:19I can say that today we have solved 100% of the problems that the airport has gone through.
04:37The flights have returned to normal operations.
04:44We have learned a lot from these circumstances.
04:53We have learned not only how to work at the airport, but also how to work within the city as a whole.
05:01What challenges can we face in one situation or another?
05:06There was also a speed in making decisions and the return of operations to normal operations quickly.
05:13I would like to talk to you about the results of the operations.
05:16In the first half of the year, 2023-2024, we achieved profits of more than 10 billion dirhams.
05:23Is the second half of the year the same? Will there be more?
05:29God willing, the results will be good.
05:32I can say that it will be better than last year.
05:37God willing.
05:39The same plans are being implemented.
05:41Last November, we had a profit of 58 billion dollars.
05:47The first plane was delivered in August.
05:51In the first half of the year, we received more than 10 planes.
06:07There are 65 planes of the same type that are delivered to the UAE over the next three years.
06:19There is also the Boeing fleet, which will be delivered in the near future.
06:27Sheikh Ahmed, I have one last question for you.
06:30We are always used to the movement of large and huge entities, and you can achieve amazing results.
06:36We are talking about the Emirates planes, and we are also talking about the UAE.
06:40In the last month, the UAE announced the annexation of the Dubai-Al-Qabla area.
06:49What is the plan?
06:51The press release stated that there is a huge entity called Walid.
06:55What is the plan for this entity?
06:57What has happened in the world lately is that some entities form a strong alliance with each other.
07:10But this does not mean that there is a single working group.
07:15Other entities and the spirit of competition also strengthen the operations.
07:23For example, if we talk about Dubai Holding, Eras, Maydan, and other companies,
07:29Dubai also has connections with many other companies that work in the same area.
07:38So, it is not limited to one company.