I wouldn't get my turban in a twist just yet. They've had more rejuvenation plans and CEO's to go with them than most folks have had hot dinners.
With the global slump, tourism is down and I'm sure RAK is feeling the squeeze as much if not more than some of the more attractive hot spots around the region. I wonder how much a night in the Al Hamra Fort or Hilton beach club is at the moment.
The flight school is also rumoured to be a big flop, aircraft choice turned out to be poorly researched, no airline contracts, dwindling finances and now looking for a buy out.
The freigher traffic only brings in landing and parking charges and doesn't do a whole lot for the local economy save for a few nights in a hotel and the kitchen appliances that the Russkies buy at the local Carefour.
Taking all that into consideration AND based on the past 3yrs of close to zero progress, most people familiar with the set up down there would be reluctant to proclaim a new beginning.
Be interesting to see what potty does next though. Keep playing that piano doc.
Hustle on
