General Travel News
Nakheel Requires Urgent Action
Dubai’s financial chief said Tuesday that urgent action is necessary to shore up Dubai World’s Nakheel, and Dubai Holding. However, Nasser Al Shaikh, Director General of Department of Finance, said the company is not asking for emergency help as they think they can handle the crisis. Dubai’s properties are a lynchpin for the economy, and they have been slumping since last year as oil prices and the global slowdown have impacted the economy. New reports have possible negative growth this year have increased concern. Dubai Holding and Nakheel will be among the first companies to benefit from this months sale of $10 billion bonds to the UAE’s central bank.
More General Travel News
Latest Travel News
Featured Sights To See
The Tin Hau Temple
Hong Kong, China
The Tin Hau Temple is a protected monument and located on Causeway Bay. This temple is dedicated to Tin Hau, the Goddess of the Sea. It still retains a lot of the original architecture and form. ...
The Piazza Navona
Rome, Italy
The Piazza Navona was built in 1644 over the exact area where Domitian’s Stadium used to stand and where games and horse racing took place from 86 CE. Now full of lusciously painted buildings, two fountains by Bernini, cafes and restaurants around its sides and artists selling their work in the centre, it is an attractive place to while away the hours or build up stamina for a visit to the Panth...
Central Market
Phnom Penh, Cambodia
Distinguished with its historic yellow dome, central market is home to several shops. It is not just a traditional landmark, but also an epitome of Khmer architecture. The central point of the market sells a beautiful range of gems and jewelry. Whereas the central entrance walk is cramped with several vendors and stalls, selling souvenirs, handicrafts, silk fabrics, karmas, cravings, statuary, and...
Frankfurt Zoo
Frankfurt, Germany
The biggest attraction for families with children and toddlers is the Frankfurt Zoo. Located in the Ostend, it attracts quite a crowd on Sundays and public holidays. With 4,500 animals of over 400 species, the Zoo promises lots to see on its extensive and well-maintained 11-hectare grounds. Admission fees: adults 8 Euros and children 4 Euros. Opening times: 10 am- 7pm in summer. ...