General Travel News
Dubai World Proposes Rescue Plan For City Center
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
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Featured Sights To See
Saint-Ouen Flea Market
Paris, France
Located 6.6km outside Paris, the commune of Saint-Ouen is home to the one of the world’s best flea markets. In the nineteenth century, beggars would scavenge through people’s garbage to find things they could resell at the market. They were eventually expelled from Paris and relegated to the outskirts, where they continued and expanded their trade. In 1885, local authorities in Saint-Ouen ...
Naturhistorisches
Vienna, Austria
The Naturhistorisches Museum or NHMW is one of the important museums of the world. Here one can find a collection of artifacts which are over 250 years old. Rare fossils and pre-historic works of art are some of the items exhibited here. ...
Merewether Tower
Karachi, Pakistan
This is perhaps one of the strangest landmarks in Karachi. No one is quite sure why it was built. Some say it has paranormal powers to guide alien spacecraft. Others believe that it contains within it some ancient secrets about the city. But the most commonly circulating rumor is that it was built to honour the freemasons, which is apparent from the strange encryptions and patterns on its walls....
Walking Man
Munich, Germany
The Walking Man is a 17 metre high sculpture by the American artist Jonathan Borofsky, which stands on the street called Leopoldstrasse, in front of the Munich Re Group Building. The figure is seen taking an energetic step forward. Since its establishment in 1995, the Walking Man, a steel structure with fiber glass mats, has become an outstanding landmark of the city. ...