Turkey benefits from lack of British summer
Turkey's tourist trade has directly benefited from this year's wet summer in the UK. During July, Europe saw a rush of people purchasing last-minute foreign holidays because of persistent bad weather in Britain. Turkey was one of the most popular sunny destinations, with Cyprus and Majorca also popular. The increased popularity of Turkey among holidaymakers [...]
Dubai to buy large stake in stock exchange
The government-controlled stock exchange in Dubai is expected to announce today that it plans to take significant ownership in the New York Nasdaq stock exchange and the LSE. Should the deal go through, Dubai would become the first Middle Eastern government to own a large stake in an US stock exchange. It also is expected [...]
Dubai Metro – first two trains completed in September
Senior officials in Dubai have said that he manufacturing of the first two trains of Dubai Metro is expected to be completed this month. These two trains will then undergo functional tests, monitoring air supply, brake, air-conditioning and doors systems under both static and dynamic conditions. This is an important milestone for Dubai Metro; the [...]
First two Dubai Metro train tested
Senior officials in Dubai have said that he manufacturing of the first two trains of Dubai Metro is expected to be completed this month… Read full story Dubai Property News
Competing in the air – more daily flights between Dubai and London
Silverjet, the exclusively British business class only airline, has announced a new daily service between Dubai and London from November 2007. The award-winning airline aims to set new standards in aviation by becoming the first service offering a private terminal experience at both ends of the route. Silverjet, which currently flies between London and New [...]