Dubai has hired HSBC to advise it on borrowing US$3 billion to finance the expansion of its two international airports as passenger numbers surge. The emirate is aiming to boost annual passenger flow at Dubai International Airport and Al Maktoum … Continue reading
Monthly Archives: November 2016
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America is waking this morning to the news that Donald Trump is President-Elect after defeating Hillary Clinton in yesterday’s presidential election. A global political earthquake and the biggest event in American history since 9/11. Indeed it could be argued that … Continue reading
Emirates reported a 75 per cent fall in first-half net profit from its airline operations resulting from a strong dollar and increased price competition. The world’s largest carrier of international passengers reported a profit of Dhs786m ($214m) for the six … Continue reading