transport and travel
The link between Heathrow’s third runway and Dubai
I stumbled across an interesting story in The Telegraph a few days ago.
As many of you probably already know, for some time BAA, the owner of London’s Heathrow Airport, has been trying to get permission to build a third runway.
As with all of these schemes there has been staunch opposition to the expansion, mainly from [...]
Dubai scales down growth and records its first budget deficit
As you are no doubt aware, the global recession is hitting Dubai hard. Even the relentlessly optimistic and upbeat Dubai Government is being forced to acknowledge this as it revises it growth forecasts till 2015 downwards from 11 percent per year to 4-6 percent per year in view of the global economic crisis.
When the targets [...]
Dubai aiming to spend its way out of recession
True to form, Dubai is planning to spend its way out of the continuing economic crisis caused by the global recession, according to the FT.
Dubai’s service based economy has been hit particularly hard by the prevailing economic situation and ratings agencies are concerned that Dubai may face problems refinancing its debts in the current economic [...]
QE2 says goodbye to the British Isles, hello to Dubai
The legendary QE2 is in the process of undertaking a farewell tour of the British Isles before heading off to a well deserved retirement in Dubai. The Queen already bade farewell to the ship named in her honour in June.
The BBC reports that the passenger liner will visit the Isle of Man as part of [...]