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.
Address: Nazar Street, Jolfa neighborhood Timings: 11am to 5pm Tickets: IRR 10000 Also known as the Kelisa e Bait ul Lahm, this church houses marvelous frescoes with catchy themes in black and gold depicting scenes from the bible. The place contains the largest church dome within the Jolfa area, and its internal treatment is also a sight to behold – swirling motifs and a fresco cycle lin...
Winterthur is located 20km northwest of Zurich. It is a pleasant suburb with a population around 100,000. Founded during Roman times, it came under control of the Hapsburgs in 1264 and was sold to Zurich in 1467. Winterthur remains part of the canton of Zurich. During the industrial revolution, the city thrived as factories were built. The textile industry was especia...
The Zurich Toy Museum, or Zurcher Spilzeugmuseum, is one of the city's most unique attractions. More than 1,200 antique toys are in the collection, dating from the eighteenth century through the start of the twentieth century. The toys are all representative of their times. There are toy locomotives from the 1800s, and early automobiles from the start of the 1900s. The large...
Kingdom Centre Daily 4-9 PM. Kingdom Center is situated in Al-Urubah Road between King Fahd Road and Olaya Road in the growing business district of Olaya. The Kingdom Center, opened in 2001, is currently the tallest building in Saudi Arabia with a height of 302 meters. It is Riyadh's most celebrated piece of modern architecture, and is quite a sight, especially when lit at night. T...