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
Emirates Palace Hotel Abu Dhabi launches summer camp for children
Turkish Airlines launches flights to Moroni in the Comoros
Eid Mubarak 2018
Latest Travel News
Emirates now offers two flights a day to...
Corinthia Hotel London launches new luxu...
Emirates Palace Hotel Abu Dhabi launches...
Featured Sights To See
Municipal Water Puppet Theater

Municipal Water Puppet Theater

Hanoi, Vietnam

Another water puppet theatre show in Hanoi is the municipal show, with performances held regularly, and popular with the locals. Address: 57B Dinh Tien Hoang, Hanoi Tel: +4 3824 9494 ...

Finnish National Opera

Finnish National Opera

Helsinki, Finland

Located by the Toolo bay, the National Opera House of the country is given utmost importance for it revives the culture and history of Finland in theater and film making. The Opera house is owned by the state and is in perfect condition for visitors and Helsinkians to visit occasionally for upcoming performances. It is equipped with the latest technology, has two spacious auditoriums and a 120 mem...

Powder Tower

Powder Tower

Prague, Czech Republic

Standing at 65m over one of the Old Town’s original gates, this used to be an 18th century gun powder store. Address: Na prikope      Prague 1 Opening Times: 10am – 6pm May to Oct Admission Prices: adult/child 40/30 Kč                      ...

Qutb Minar

Qutb Minar

New Delhi, India

Built between 1193 and 1369, the Qutb Minar is the largest brick minaret in the world and a UNESCO world heritage site.   Moreover, the Qutb Minar is a tower symbolizing the Muslim conquest of Delhi. However, though this structure was originally solely Muslim, when touring around keep a look out for some religious contradictions. For instance, the red sandstone walls of the tower are deco...