On Dubai Airport’s 60th anniversary, Sheikh Mohammed bin Rashid, UAE Prime Minister and Ruler of Dubai, recalled the time when he first saw Heathrow Airport as a ten-year-old.
He shared a video on Twitter talking about how amazed he was when he saw the number of planes and people at the airport in London.
"I was around 10 years old when I realised that in Dubai we had the potential to become a big city for traders and tourists. It was just a feeling,” said the video.
“The first time I arrived at Heathrow Airport in London, I was amazed. At the end of the 1970s, I had a discussion with my father in the evening about a project I had named Destination Dubai.
“It was not only a project to develop the airport but also to develop the whole city.
“After several years, in 2014, British newspapers published stories with big headlines, 'Dubai Airport bypasses Heathrow as the largest airport in the world' and I remembered my amazement when I was 10 and thought to myself 'Subhan Allah'.”
Dubai became the world's busiest airport for international passenger traffic in 2014 when it overtook Heathrow Airport.
On Thursday, Dubai Airports marked the 60th anniversary of the official opening of Dubai International.
The Dubai International Airport was opened for civil aviation in July 1937 and by February 1938 there were approximately four Empire Flying Boats operations from the airport per week.
Sheikh Rashid bin Saeed Al Maktoum ordered the construction of the airport in 1959 and it was officially opened in 1960.
It was the first airport in the Middle East to feature a gated terminal, along with the largest Air Traffic Control tower when Sheikh Rashid terminal opened in 2000, and the first to launch e-gates in 2002.
In 2008, it opened the largest airport terminal in the world (T3) and three years later the world’s first concourse purpose-built for the A380 (Concourse A).
It is home to the world’s leading international airline and duty-free retail operation. The airport welcomed its billionth passenger in December 2018.
Dubai International Airport handled 86.4 million passengers in 2019, retaining its position as the world's busiest hub for international passengers for the sixth consecutive year.
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Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
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Young women have more “financial grit”, but fall behind on investing
In an October survey of young adults aged 16 to 25, Charles Schwab found young women are more driven to reach financial independence than young men (67 per cent versus. 58 per cent). They are more likely to take on extra work to make ends meet and see more value than men in creating a plan to achieve their financial goals. Yet, despite all these good ‘first’ measures, they are investing and saving less than young men – falling early into the financial gender gap.
While the women surveyed report spending 36 per cent less than men, they have far less savings than men ($1,267 versus $2,000) – a nearly 60 per cent difference.
In addition, twice as many young men as women say they would invest spare cash, and almost twice as many young men as women report having investment accounts (though most young adults do not invest at all).
“Despite their good intentions, young women start to fall behind their male counterparts in savings and investing early on in life,” said Carrie Schwab-Pomerantz, senior vice president, Charles Schwab. “They start off showing a strong financial planning mindset, but there is still room for further education when it comes to managing their day-to-day finances.”
Ms Schwab-Pomerantz says parents should be conveying the same messages to boys and girls about money, but should tailor those conversations based on the individual and gender.
"Our study shows that while boys are spending more than girls, they also are saving more. Have open and honest conversations with your daughters about the wage and savings gap," she said. "Teach kids about the importance of investing – especially girls, who as we see in this study, aren’t investing as much. Part of being financially prepared is learning to make the most of your money, and that means investing early and consistently."
Company%20profile
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MATCH INFO
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