General Travel News

EIG Plans Expansion In Pakistan

Sharjah based Emirates Investment Group (EIG) is planning to expand in Pakistan. EIG is part owner of Emirates Global Islamic Bank in Pakistan.  Vice Chairman Raza Jafa said they want to more than double their current 42 branches in Pakistan. Jafa said they want to have 100 branches by 2010 and their focus is on expanding into rural areas so they can help people there finance their agricultural projects.

The fall in western asset values due to the global financial crisis has caused many investors in the Middle East to seek opportunities.  EIG owns a 25% stake in Enshaa, a private real estate company in the UEA. They are also considering opening a third Palace Versace in New York.
 

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Featured Sights To See
Place des Martyrs

Place des Martyrs

Beirut, Lebanon

Located in the center of Beirut, Martyr’s Square (also known as Place de Canons and the Burj, so named for the Burj al Kachaf that occupied the square until 1874) is loaded with history. In 1908 it was called Liberty Union Square to commemorate the declaration of the Constitution. In 1916 it became Martyr’s Square in memory of Syrian-Lebanese nationalists who were executed by the Ottomans. A bulle...

St. Ignatius' Cathedral [ Tianzhutang]

St. Ignatius' Cathedral [ Tianzhutang]

Shanghai, China

This cathedral is worth stopping over at as it will give visitors a good idea of the history of Shanghai and the phase particularly during which it underwent European colonization. The cathedral dates back to 1910 and was opened by the Jesuits. Nearby is the grave of an official belonging to the Ming Dynasty who had converted to Catholicism when Jesuit missionaries had visited China during the 16t...

National Museum

National Museum

Kuwait, Kuwait

The National Museum is Kuwait’s first museum, and was the former home of the Al Badr family in Kuwait City. Although the architectural plans were ready by 1960, construction began only in 1981. The museum was once a treasure trove for the royal family, displaying Islamic artifacts and royal material, however after the invasion a lot of it was destroyed. It is located on the Arabian Gulf Street bet...

Al-Bustan Palace Hotel

Al-Bustan Palace Hotel

Muscat, Oman

Surrounded by lush gardens and overlooking the sea, the Al-Bustan Palace Hotel is a sight to behold. The hotel has won numerous awards, many of them labeling it the best hotel in the Middle East. The hotel is famous for its enormous domed atrium, and the interior design begs a visit. Address: Al-Bustan Street, Al-Bustan Tel: +968 24799666 ...