General Travel News

New phases of Cairo Festival City launched

May 4 - As the Next Move was launched last week, Al Futtaim Group unveiled two new phases of the Cairo Festival City -- Festival Living and the Business District. Spanning over three million square meters in New Cairo, the Festival City will be a mixture of residential and commercial districts.
Festival Living will occupy 130,000 square meters of land with several apartment buildings, four to seven floors and 500 apartments. Only 180 of these apartments will be built in the first phase. Then there is the Business District that will consist of three large administrative buildings. The project's completion date is set to be in 2012.
According to Amad Touni, Development Director of the Residential/Commercial Division at Al Futtaim Egypt, the global financial crisis has not affected them. “[After the crisis] we started moving to a better situation in the first quarter of 2010. A positive development from the crisis is that most developers are moving into projects other than the luxurious products," he said. "Some of the developers are going into low-cost housing and this is supported by our government. Some of the developers are going into luxury products. But most of them are going into an intermediate project that can sell to a [larger bracket] of the Egyptian population," added Touni.
 

More General Travel News
Saudi Arabian Airlines wins best stand design award at Arabian Travel Market 2022
flydubai to operate some flights from Dubai World Central during runway refurbishment project at Dubai International
South Korea Pavilion among top five at Expo 2020 Dubai
Latest Travel News
flydubai to operate some flights from Du...
South Korea Pavilion among top five at E...
Collect souvenirs from the first Emirate...
Featured Sights To See
Phoenix Park

Phoenix Park

Dublin, Ireland

Phoenix Park is one of Europe's largest urban parks at more than 1700 acres.  It was established in the 1650s as a deer park under the supervision of James Butler, a viceroy for English king Charles II.  Because of the deer and other wildlife, it was enclosed by a wall.  It opened to the public in 1745, which it has remained ever since.  The park is immortalized in literature i...

The Bahrain Fort

The Bahrain Fort

Bahrain, Bahrain

The Qala'at al-Bahrain (Bahrain Fort) is on the northern shore, five minutes from Manama city. The Portuguese constructed the fort in the 16th century, after which it fell into disrepair. However it has now been superbly restored to its former grandeur. Next door to the fort is an unmarked building that is the museum housing numerous artifacts from the ancient Dilmun period through to the Islamic ...

Pointe à Callière

Pointe à Callière

Montreal, Canada

The Pointe-à-Callière, or the Montreal Museum of Archaeology and History traces the history of Montreal.  It opened on May 17, 1992, the 350th anniversary of Montreal’s founding, near the site of the original fur trading settlement.  The museum is housed in six different buildings.  The main building is the Éperon, an iconic modern building built atop and old crypt.  The Ancien...

Queensland Art Gallery (QAG) - Gallery of Modern Art (GoMA)

Queensland Art Gallery (QAG) - Gallery of Modern Art (GoMA)

Brisbane, Australia

These two institutions are located 150m apart from each other. QAG houses a great permanent collection of mostly local and European art. The first floor is dedicated to Australian artists so you can see some masterworks from famous artists such as Sir Sydney Nolan, Arthur Boyd and William Dobell. GoMA is dedicated to more contemporary Australian and Pacific art including Indigenous artists. ...