General Travel News

Qatari Diar to invest in Cyprus

May 9 - The Cyprus Government has signed an agreement with Qatari Diar Real Estate Investment Company to invest Dh551 million in a real estate venture that includes a five-star hotel, luxury apartments, retail space and office buildings, said officials on Saturday.
This development will take place in Cyprus’ capital Nicosia and both countries will be equal stakeholders in the project."This major tourism development underscored the strong relationships that exist between Cyprus and the Middle East countries and clearly underlines the confidence in the Cyprus economy, which has remained relatively unscathed in the global economic climate. This development needless to say has helped restore investor confidence in the tourism industry of Cyprus," said Antonis Paschalides, Cyprus minister of trade, commerce and tourism.
The project will be completed in 30 months and construction is due to begin in two months’ time. Tourists to Cyprus from the Middle East rose 9.5 per cent in the first quarter of this year. Total arrivals from the Middle East are expected to surpass 50,000 in 2010.
 

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
The Buenos Aires Zoo

The Buenos Aires Zoo

Buenos Aires, Argentina

The Buenos Aires Zoo is also located in Palermo and is a good place to visit. Entry is ARS22 and it is open 10:00am to 6:00pm daily. Address: Corner of Av Sarmiento and Las Heras Telephone: 4011 9900 Website: http://www.zoobuenosaires.com.ar/  ...

Zoo Ain Sebaa

Zoo Ain Sebaa

Casablanca, Morocco

This zoo is the only one in Morocco and is a great place t spend a warm, sunny day with family. The zoo houses flamingoes, lions, bears, monkeys and other exotic species.  Though not too high on visitor count, the zoo  is nevertheless well worth a visit. Address: Avenue Aîn Sebaa, Casablanca Tel: +212 522 22 15 24                     {loadposition di...

British Museum

British Museum

London, United Kingdom

The founding of the British Museum can be traced back to one man.  Sir Hans Sloane had a lucrative physician practice, serving three monarchs, and was a prodigious collector of rarities.  When he died in 1753 at the ripe old age of 92, he left his collection to the British people (not wanting to see it broken up). The initial donation of 71,000 objects included 40,000 books, plant and ...

Naturhistorisches

Naturhistorisches

Vienna, Austria

The Naturhistorisches Museum or NHMW is one of the important museums of the world. Here one can find a collection of artifacts which are over 250 years old. Rare fossils and pre-historic works of art are some of the items exhibited here. ...