Bahrain Mumtalakat Holding Company, the investment arm of Bahrain, said it will transfer ownership of the kingdom’s national carrier, Gulf Air to the government A statement released by Mumtalakat on Thursday evening explained that, “Given the strategic importance of Gulf Air to the national economy, the Bahrain government is the suitable owner of the airline.”
Gulf Air was originally co-owned by Bahrain, Qatar, Oman and Abu Dhabi when it was founded in 1950. Bahrain became the sole owner in 1970 after a series of national and international developments. The airline has been in the process of carrying out a new restructuring program under the management of former Royal Jordanian airlines chief executive Sameer Al Majali who became Gulf Air chief executive officer on August 1, 2009. Gulf Air management and Mumtalakat have been working to return Gulf Air to profitability as it deals with tough competition from state owned airlines in Qatar and the UAE, as well as regional low-cost airlines operating in Bahrain, Kuwait, and the UAE.
Located along the Victoria Harbor waterfront, the Avenue of Stars in Tsimshatsui is the Far East's equivalent to the Hollywood Walk of Fame. It is a tribute to the great movie and TV industry of Hong Kong, a tribute to the professionals who have contributed to the territory's hundred-year history of film making. The Avenue of Stars features commemorative plaques, hand prints of movie celebri...
It is not really possible to see the whole city within a day, but you can still catch some of the main attractions if you start early and plan accordingly. The Choirokoitia settlement is one of the main places to visit in Larnaca and you can do so if you start very early in the day. The settlement will keep you occupied until lunch time when you can head back to the main city and grab some traditi...
This is a beautiful place where the natural beauty of the landscape is almost overwhelming. Amidst these boulders i.e. large granite blocks and bays roam gorgeous African penguins. This would constitute an outing for adults and children alike. The more adventurous can opt for a quick swim here in Foxy Beach. Timings: Daily 7 A.M- 7 30 P.M Admission: R 25 [Adults], R 5 [Children] Address: ...
Visiting Maldives, one of the most exciting tourist attractions is the National Museum. An old palace building in the Sultan Park has been converted to house the museum. A large collection of historical objects are on exibit at the museum that portrays the rich past and cultural legacy of Maldives. The museum has on display numerous objects belonging to the Sultans. The vast collection compr...