The property business gearing was 26% at the end of July 2024, well below the 60% covenant. The trust’s interest cover ratio was 1.9 times at the end of January 2024, versus a covenant of 1.5 times.
The horrific air crash in Washington, D.C. is focusing attention on the shortage of air-traffic controllers. The problem with the system, however, goes far deeper.
The first routes are set to connect key locations around the city, including Dubai International Airport, Downtown Dubai, Dubai Marina, and Palm Jumeirah ...