Dubai World has put forward a plan to save the financially troubled City Center project. The proposal requires that the billions of dollars necessary to complete the project be pledged. Dubai World is Dubai’s government owned investment agency. They partnered with MGM Mirage to develop the City Center Project, and recently sued MGM Mirage in order to protect its $4.3 billion investment if MGM Mirage goes into bankruptcy. Dubai World’s proposal would require Dubai World, MGM Mirage, and investors to come up with $3 billion to avoid a construction slowdown in the $8.6 billion City Center resort and casino project. MGM’s financial situation has worsened and last month Dubai World did not contribute its half of the $200 million construction payment
Located next door to the Gold Souk, the Spice Souk is an aromatic delight. An amazing variety of spices is available here. It’s a must visit if you want to soak in the essence of Arabia. The narrow alleyways may seem a little daunting at first, but don’t give up – everyone here is friendly and helpful without being too pushy. If and when you buy something, remember that just about everything i...
A beautiful and tranquil place shaded by stunning trees, this cemetery is the resting place of many interesting people; Prime Minister William Lyon Mackenzie King, Canada's greatest war hero, Lt. Col. William Barker; to name a few Timings: Daily 8AM-Dusk Admission: Free Address: 375 Mount Pleasant Rd Tel: 416/485-9129 Website: www.mountpleasantgroupofcemeteries.ca ...
The University of Paris was first established sometime in the mid-12th century, but it was not until Robert de Sorbon created the campus of the Collége de Sorbonne in 1257 that it began to resemble anything like a modern university. Previously, the university had been disorganized, and students were forced to find accommodations around the city. The Sorbonne hosted students from all ov...
Oak Park is a suburb just to the northwest of Chicago. After the Great Chicago Fire the area grew rapidly because of its location along the railroad. In 1902 it was incorporated, becoming independent from the town of Cicero. Today it is one of Chicago's nicest suburbs, with broad tree lined streets and large older homes. There is quite a bit to see here. Oak Park was h...