Tuesday, March 9, 2010

Middle East airlines increase global market share

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What's new at AMEinfo.com            9th March 2010

Middle East airlines increase global market share

After bucking the global downturn in 2009, Middle East carriers show no sign of slowing down this year as passenger demand continues to rise and carriers add capacity and routes in a bid to capture a larger share of the global market.

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Mohamed Badawy Al-Husseiny, CEO, Aabar Investments

Abu Dhabi investment company Aabar has a portfolio which is as exciting as it is diverse -ranging from real estate, to F1 motorsport and even future sub-orbital space flights with Virgin Galactic. AMEinfo.com talks to Mohamed Badawy Al-Husseiny, CEO, Aabar Investments PJSC, on various aspects of their portfolio, the challenges of 2009 and their aims for 2010.

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Hotel investment to rise in Dubai

More hotels are expected to change hands in Dubai in 2010 following a sharp slowdown in hotel investment last year, as economic conditions improve and demand rises for cheap assets. However, experts say that investment activity in Dubai's hotel sector is still likely to be relatively low due to the profile of owners in the emirate and rigidity of the market.

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TDIC highlights investment opportunities

Investment opportunities with Abu Dhabi's Tourism Development & Investment Company (TDIC) are proving to be attractive as CEO Lee Tabler explains in this interview with Phil Blizzard. Developments which were completed in 2009 are reflected upon, and they look ahead to the projects scheduled for completion in 2010.


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Boeing developing MRO facilities in the Gulf

John J Gibson, Director of Marketing, Commercial Airplanes, Boeing talks to AMEinfo.com at the MRO Middle East conference and exhibition, Dubai, on their ever increasing operation in the Middle East. With major carriers in the region operating large fleets it is essential for Boeing to develop their services and training facilities close to the airlines.

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