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Dubai Booming with Airlines & More Terminals
Despite credit crunch and world economy sluggish, the Dubai Government continued to expand its infrastructures including building its 4the Terminal to land the world's best airlines to do continuous business.The terminal 4 will go along with terminals1,2 & 3. AED290 million is budgeted for the next 2 years to run full capacity.
Dubai-the world's center place in all its growth despite global economic crisis. UAE economy is strong withstand the global economic crisis and its banks are so strong that it will never crumble like those of USA.
52% Arab youth believes that UAE is in right track against 34 percent of its counterpart Westerners. Western youths are pessimistic of their economies while Arab youths are optimistic. While banks in USA and EU crashed, the Mashreq Bank of UAE is expected to make 12% growth in 2008.
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