April 1- German authorities are looking for German national Georg Recker for a multi-million Euro fraud in connection with a hotel project in Dubai that was never built. Recker’s arrest warrant was issued in November last year by a court in Dortmund, Germany. Recker himself is said to be hiding in Dubai.
According to the details, investors have provided funds worth Dh123.7 million for the project titled Dubai 1000 Hotel Fonds, a four-star, 1050-room hotel in Dubailand, supposedly one of the largest hotels in the Middle East. The project was due to be completed by 2007. Recker requested a minimum investment of €10,000 from 900 investors in a bid to raise €142 million for the project.
Five years later, however, the project has yet to see the light of the day. Recker still claims that the work on the project is on-going and the delay is because of the lack of infrastructure and facilities in Dubailand. He said the project will reach completion in the next two to three years. Thus, 70 investors are taking legal action against Recker and are being represented by a law firm based in Hamburg.
Rainbow Street was transformed in 2007 to make it a heritage attraction point. It's a great place to get a feel for the culture of modern Amman. The street is named for the old Rainbow Cinema (which is no longer open). It was repaved in cobblestone to slow traffic, making it safer for pedestrians and enhancing the atmosphere. Rainbow Street is lined with boutiques, art galle...
Just 25 km southeast of the city, Can Gio is a mangrove forest with natural, untouched beauty. The 75,000 hectares have a wealth of animal and plant species and a wildlife museum and monkey sanctuary. For nature enthusiasts, Can Gio is a worthwhile trip, though it’s more of a retreat for locals than a popular tourist destination. &n...
Location: Budavari Palota Having been levelled and rebuilt at least a dozen times during the last seven centuries, this enormous palace has two important museums, the Budapest History Museum and the Hungarian National Gallery, and the National Szechenyi Library. This library (+316 224 3700, Tue-Sat 10am-8pm) contains codices and manuscripts, a large collection of foreign newspapers and a copy...
The Nami Jefet Memorial Library was built in 1951. Now fully updated and computerized it lists over 250,315 titles written in almost a dozen languages. The Archives Department, with material collected since the early days of the university, is a treasure house of information, chiefly about AUB and Lebanon. ...