Airline passengers walk between rows of duty free shops in Dubai's Terminal 3.
Airline passengers walk between rows of duty free shops in Dubai's Terminal 3.

UAE in top six for air travel growth in November



The UAE recorded one of the six fastest growth rates for air travel in November as Middle East passenger volumes surpassed levels preceding the global economic crisis, the Airports Council International (ACI) says.

The Emirates, Russia, India, Egypt, Brazil and South Korea had the strongest growth, including a 16 per cent rise in Dubai's numbers compared with November 2009.

Abu Dhabi also posted double-digit growth in passenger numbers that month, with 949,000 travellers passing through the international airport, a gain of 15 per cent from November 2009.

Apart from the country growth, there were also notable results from individual airports in the region. Muscat International Airport registered the world's fastest growth in international passenger numbers in November, up 29.5 per cent compared with November 2009. Cairo was third in the world, with 23.5 per cent growth.

Worldwide, the biggest losers for the period were Athens, London Stansted, Tokyo Narita and Mexico City, the ACI said.

While the results are still being analysed, last year is likely to show record numbers for air travel, suggesting airlines have finally moved beyond the global downturn.

Angela Gittens, the director general of the ACI, a worldwide association of airports based in Montreal, said: "2010 will set a new record for global airport industry traffic with total passenger growth nearing 7 per cent for the past 12 months."

Traffic in the Middle East grew 13 per cent in November last year over November 2009, the ACI said. That result appears to underscore the region's economic recovery.

In the UAE, local airlines opened a number of routes and increased flight frequencies in the period studied by the ACI.

The budget carrier flydubai added more than a dozen destinations in the period, going through one of the fastest growth surges of any airline in history since its launch in June 2009. It now flies to 29 cities from Dubai International Airport's Terminal 2.

Also fuelling Dubai's traffic growth was Emirates Airline, which last year received 11 new aircraft: three Boeing 777-300ERs and eight Airbus A380-800 superjumbos.

In Ras al Khaimah, RAK Airways relaunched in October after a hiatus of nearly two years.

In another sign of the recovery of the global economy, cargo volumes grew in all regions last year, the ACI said.

"Freight growth was exceptional in 2010 and despite a marked slowdown in the second semester," the ACI said. "The overall increase of close to 18 per cent more than compensates for the 8 per cent drop in 2009."

"The divergence among the regions is less pronounced than in the passenger sector, as all regions enjoyed double-digit growth earlier in the year."

But the ACI warned that the growth of cargo volumes slowed in the Middle East last year after dramatic earlier gains. "The hitherto very robustly growing regions Middle East, Latin America and Asia Pacific are in consolidation mode as their freight volumes surged during the reference period at the end of 2009," the council said. "Growth stagnated in Singapore and Dubai."

Europe and North America have still not matched the travel volumes recorded before the global downturn, the ACI said.

"Nonetheless, Europe appears to be on track to becoming the largest traffic region in 2010 for the first time ever, moving ahead of the North America market," it said.

The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

Company%20Profile
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Company%20profile
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The specs

Engine: 3-litre twin-turbo V6

Power: 400hp

Torque: 475Nm

Transmission: 9-speed automatic

Price: From Dh215,900

On sale: Now

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Call of Duty: Black Ops 6

Developer: Treyarch, Raven Software
Publisher:  Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5

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Company%20Profile
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UAE squad

Men's draw: Victor Scvortov and Khalifa Al Hosani, (both 73 kilograms), Sergiu Toma and Mihail Marchitan (90kg), Ivan Remarenco (100kg), Ahmed Al Naqbi (60kg), Musabah Al Shamsi and Ahmed Al Hosani (66kg)

Women’s draw: Maitha Al Neyadi (57kg)

The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

How to become a Boglehead

Bogleheads follow simple investing philosophies to build their wealth and live better lives. Just follow these steps.

•   Spend less than you earn and save the rest. You can do this by earning more, or being frugal. Better still, do both.

•   Invest early, invest often. It takes time to grow your wealth on the stock market. The sooner you begin, the better.

•   Choose the right level of risk. Don't gamble by investing in get-rich-quick schemes or high-risk plays. Don't play it too safe, either, by leaving long-term savings in cash.

•   Diversify. Do not keep all your eggs in one basket. Spread your money between different companies, sectors, markets and asset classes such as bonds and property.

•   Keep charges low. The biggest drag on investment performance is all the charges you pay to advisers and active fund managers.

•   Keep it simple. Complexity is your enemy. You can build a balanced, diversified portfolio with just a handful of ETFs.

•   Forget timing the market. Nobody knows where share prices will go next, so don't try to second-guess them.

•   Stick with it. Do not sell up in a market crash. Use the opportunity to invest more at the lower price.

Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
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Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
The Orwell Prize for Political Writing

Twelve books were longlisted for The Orwell Prize for Political Writing. The non-fiction works cover various themes from education, gender bias, and the environment to surveillance and political power. Some of the books that made it to the non-fiction longlist include: 

  • Appeasing Hitler: Chamberlain, Churchill and the Road to War by Tim Bouverie
  • Some Kids I Taught and What They Taught Me by Kate Clanchy
  • Invisible Women: Exposing Data Bias in a World Designed for Men by Caroline Criado Perez
  • Follow Me, Akhi: The Online World of British Muslims by Hussein Kesvani
  • Guest House for Young Widows: Among the Women of ISIS by Azadeh Moaveni
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From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

Five famous companies founded by teens

There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:

  1. Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate. 
  2. Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc. 
  3. Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway. 
  4. Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
  5. Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.

The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre

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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

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Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5