Air Arabia announced that its net profits for financial year ending December 31st, 2010 fell only slightly to Dh 452 million, despite the difficult financial times for the global aviation industry. Air Arabia, which is the biggest low cost airline listed on the Dubai Financial Market for the Middle East and North Africa posted profits of Dh 454 million for the financial year ending December 31st, 2008. Air Arabia said they posted a turnover of Dh 2 billion for the 2009 financial year, 4.5 percent lower than the Dh2.06 billion recorded in 2008.
Nabil Farhat, Partner with Al Fajer Securities said Air Arabia’s profits were below their expectations of Dh 480 million, but given the increased competition and rising fuel costs, the carrier performed well. Farhat noted “With the global economy set to emerge from recession in 2010 more people are going to travel and this should help improve the company’s revenue and profitability.”
If you want to take a trip to the ancient past, then simply stroll down Islamic Cairo and you will soon find yourself surrounded by remnant buildings of medieval Cairo. Tourists are mainly attracted to this area because it is rich in historically Islamic monuments such as ancient mosques, 1,500-year-old markets, and medieval forts....
English style gardens and lakes are to be found here as well as the Instituto Nacional de Belas Artes, which often houses art exhibitions. Address: Rua Jardim Botanico 414, Jardim Botanico Tel: 2538 1091 Opening Time: 7am-6pm ...
Address: northwest of UCV, east of Parque Central Complex, south of Pak Los Caobos Timings: open daily 830am to 430pm. Tickets: VEF 1 A very large, sprawling botanical garden that also serves as a live study field for the adjoining University, the botanical garden is a treat for the eyes of the flora-crazy. A splendid collection of plants, from small shrubs and flowering hedges to towe...
Address: Avenida Constituyentes, 268, Mexico City 11560, Mexico Phone: 52 52 37 17 81 Fax: 52 52 37 17 70 Website: http://www.papalote.org.mx/papalotemuseo/ Admission: Children under 12 and over 60: 30 pesos Children in between: 40 pesos Cheery, colorful, full of life, this is one educational and entertainment experience you will not want your kids to miss out o...