The UAE government signed a non-binding agreement with six other states and the European Commission outlining principles to liberalize the global airline industry. The International Air Transport Association (IATA) said the agreement is aimed at boosting the airline industry which has lost US$53 billion (Dh194.66bn) over the past eight years. It would change a 65 year old bilateral system that restricts the way airlines can do business. For example airlines are not allowed to merge across borders because of national ownership requirements.
Director General and chief executive of IATA explained “Sixty five years ago, when airlines were divisions of the state apparatus, the bilateral system and its restrictions made sense.” He said now these restrictions are holding airlines back. Other previously regulated industries became more open a long time ago. In September, IATA forecast the regions commercial airlines would lose $500 million, down from their previous forecast of $1.5 billion.
Winter is the last thing that comes to mind on a sweltering 45 degree afternoon in Dubai. Unless of course you happen to be at Ski Dubai in the Mall of the Emirates, the first and largest indoor snow park in the world. This is another of Dubai's zany wonders. Enjoy five runs of varying difficulty, height, and gradient. The longest is over 400m with a 60m drop, and skis and ...
Marino Casino is not a casino in the modern sense. It is actually a small villa built in the mid-eighteenth century by Scottish architect Sir William Chambers. The name is derived from Italian, and means 'little house'. Completed in 1775, it is a striking example of Neoclassical architecture. The casino was part of the estate of James Caulfeild, the 1st Earl of Charlemont.&...
Founded in 1948, the Royal Danish Library is known as the first public library. Also called the Black Diamond, due to its structure, the library was renovated and refurbished in 1999. For a great learning experience, the library offers all forms of literature in different international languages. Such literature ranges from newspapers to magazines, from poetry to novels and a collection of travel...
Located on Hadda Street, off al-Quds Street in the Old Town, this place is managed by a Franco-Yemeni agency, and organizes concerts, themed plays, educational lectures, cultural exhibitions, and linguistic classes. Visit this gallery/museum/cultural retreat to witness an amazing blend of local and French art in a variety of media. {loadpositio...