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.
This is another remnant of the Portuguese occupation of Muscat and has been recently restored. It is a sight to behold, especially at night, when it is illuminated amidst the fountains that dot the surrounding area. The climb up is worth the energy, as tourists are treated to a beautiful view of the sea. Stairs to reach the tower can be accessed from behind Al-Inshirah Restaurant. Timings: Da...
This Masjid is the second mosque ever built in Islam after the Quba Mosque. It is so much more valuable to the Muslims because it was built by the Prophet and his Companions. It is the major attraction of Madinah and the only reason why so many Muslims around the world flock to this city. It is a Grand Mosque that is signified by its stately green dome and fine Islamic architecture. It is also the...
If you feel beat from the day's activities, then catch a flick at Cinema Metro, a place where you can catch the latest Hollywood blockbuster in English. 35 Talaat Harb Street ...
This beautiful enameled clock was built five hundred years ago. When it was assembled, the hour would be struck by two Moor figures and three wise men along with an angel would walk out and bow to the Virgin Mary on Epiphany (January 6) and during Ascension Week (40 days after Easter). On the clock tower, a caption is engraved which says ‘horas non numero nisi serenas’ meaning "I only count happy ...