Month: April 2006

UAE offers ‘significant’ potential for investors

DUBAI — The future potential of the Middle East, and the UAE in particular, remains significant, according to a report from the US-based Stanford Group Company, and is encouraging its clients to invest here. The report says: “It is clear that the GCC is in the midst of an economic boom as they reaped $300… Read more »

Aviation Investment to Hit AED132 Billion

Dubai’s total investment in the aviation sector is poised to reach AED132 billion. The Dubai Department of Civil Aviation (DCA) authorities says Dubai International Airport would be capable of handling 70 million passengers when the current $4.1 billion expansion involving the construction of Concourse 2 and 3, along with the new underground Terminal 3 is… Read more »

Dubai starts to circle on world’s leading airports

A PATCH of the Arabian desert is set to snatch Heathrow’s title as the world’s biggest airport. The six-runway Jebel Ali, in Dubai, will be able to handle twice as many passengers. It is the biggest construction project in a city that plans to build the tallest building, and already has the largest shopping mall,… Read more »