Business & Management

Dubai Airport bucks the trend in world growth

DUBAI INTERNATIONAL AIRPORT is on track to become the fastest growing airport in the world after racking up a record 40.9mn travellers last year and bucking the trend of declining air travel in much of the rest of the world.

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Major infrastructure projects progress in the Gulf

Major infrastructure projects in the Gulf continue to progress without being affected by the financial crisis, according to Hyder Consulting. A senior company official said that the company is working on infrastructure projects worth billions within the region.

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Iraqis fear unemployment more than security

Iraq_Street_P_6

AROUND 36 PER cent of Iraqis say economic issues - unemployment (21 per cent) or financial insecurity (15 per cent) - are the biggest problems they face today. This compares to 16 per cent who believe security problems are their greatest difficulty.

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NBF posts solid 2009 results

Having posted a loss of US$13.7mn in 2008, the National Bank of Fujairah (NBF) was recently able to announce much better news: a net profit of US$28.4mn in 2009.

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Jordanian economy forecast to grow further

Jordan

Jordan’s economy is expected to grow 3.9 per cent this year and 4.5 per cent in 2011, according to a World Bank report.

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