Archive for the ‘BUSINESS’

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    WTTC FORECAST SUBDUED GROWTH FOR 2010
    Travel and tourism is one of the world’s most important sectors and employers and has been one of the leading growth sectors since the World Travel & Tourism Council (WTTC) first started measuring travel and tourism’s economic impact 20 years ago. “But, as was the case with other sectors, it was hit hard by the credit and housing market collapses last...
    by bimbo at September 1st, 2010 at 07:09 am
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    RBS is considering sale of flagship headquarters Gogarburn
    Queen Elizabeth II tours Royal Bank of Scotland’s new £350m headquarters outside Edinburgh at their opening in 2005. The bank is now considering their sale. A sale of the 1m square foot office complex on the outskirts of Edinburgh would be the clearest example yet of the new management’s break with the past. Gogarburn was Sir Fred Goodwin’s pet project...
    by admin at February 1st, 2010 at 12:02 pm
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    UK BANKS FACE $10BN BILL FROM U.S
    Three British banks may have to pay more than $10 billion (£6 billion) to the US Government as part of its crackdown on financial institutions bailed out by taxpayers. Royal Bank of Scotland, which is 84 per cent owned by the Government, may be on the hook for almost $1 billion to the US over the next decade under a stringent new levy announced by the Obama Administration...
    by admin at January 15th, 2010 at 07:01 pm
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    QATAR MOVES WITH GLOBAL EXPANSION
    Qatar Airways recently announced its long-term commitment to growth, undeterred by the current economic climate, with ongoing investment in new aircraft, routes, infrastructure and continued environmental efforts to reduce carbon emissions. With six new routes planned across India, Australia and Europe over the next 10 months, new aircraft joining the fleet at an average...
    by admin at December 11th, 2009 at 10:12 am
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    A MARKET IN THE GULF
    It was suspected that in 2009, the Arabian Travel Market held at the Dubai World International Convention and Exhibition Center in the U.A.E. would suffer a severe blow following the pangs of the global recession, however, the turnout was not only a positive surprise, it also reflected the true players in the game of travel and tourism in the region. Featuring over 2,000...
    by admin at December 10th, 2009 at 11:12 pm