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.
One of the earliest skyscrapers to be constructed in the region when it was opened in the 1920’s. Standing at only seven stories tall, it is dwarfed by the modern skyscrapers of today, but nevertheless maintains its position as one of the initial defining examples of Montreal architecture. ...
Completed in 1790 by Dona Maria I (her tomb is here) in gratitude for the male heir, this neoclassical church is a beautiful mix of pink and black marble. Opposite is the Jardim da Estrela (7am-midnight) which is a great garden to relax in, along with a playground for the children. Address: Praca da Estrela Tel: +213 960 915 Opening Times: 8am-1pm, 3-8pm Admission Prices: free ...
This is one of the most important features of what was formerly known as the Imperial City. A portrait of General Mao, Chinese communist hero, now stands mounted above the central door via which the Chinese emperor in ancient times would enter through. This gate is especially famous since it is the site where in 1949 Mao declared China to be the People's Republic of China. The columns are beautifu...
Irma Stern is arguably South Africa’s most celebrated artist. The museum opened in her house pays homage to her by exhibiting her work depicting African people and their lives the continent over, and her collection of African artifacts from the same region. Timings: Tues- Sat 10 A.M- 5 P.M Admission: R 10 Address: Cecil Road, Rosebank Tel: 021-685-5686 ...