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.
 

More General Travel News
Swiss Belhotel to open 4 new hotels in the GCC
Abu Dhabi and Wizz Air announce establishment of new low cost airline
Emirates touches down in Mexico City
Latest Travel News
Abu Dhabi and Wizz Air announce establis...
Emirates touches down in Mexico City...
Air Arabia named as Middle East and Afr...
Featured Sights To See
Zhibek Zholy Walking Area

Zhibek Zholy Walking Area

Almaty, Kazakhstan

Address: runs parallel to Gogol Street. Or down Ablai Khan Road, all the way to Kunaev If you want a taste of the culture and magic of old town Almaty, there is nothing like a good old-fashioned casual walk down any one of the most popular streets in town – the Ablai Khan Avenue, Gogol street, Kunaev or the Zenkov Street. Merging the four major administrative districts of Almaty, namely the M...

Aberdeen

Aberdeen

Hong Kong, China

Aberdeen to the south of the Island has Sampan tours around the harbor and the floating markets are a must for every visitor to see. ...

Souk el Tayeb

Souk el Tayeb

Beirut, Lebanon

The Souk Al Tayeb is Beirut’s first farmer’s market and is a great place to get a feel for the city. Every Saturday, residents and visitors converge at this open-air market.  Organic fruits and vegetables, traditional dishes, flowers, and much more are available. This souk brings everyone together and serves as a meeting place for producers, bankers, farmers, and housewives. It’s a platform for di...

The Al-Shallal Theme Park

The Al-Shallal Theme Park

Jeddah, Saudi Arabia

Roller coasters, ice skating ring  and  the Amazon ride comprising of life size figures of animals and waterfall and lagoon recreated is a must see affair for the family. Several restaurants are present catering to the taste bud of all ages.  ...