EFG Hermes warned on Thursday that a swine flu pandemic would hit the UAE hard. Because tourism is a major contributor to GDP in the UAE and Oman, confirmation of the swine flu in the region would have a significant impact. This sector is already experiencing difficulties and oil prices will be affected as people reduce their travel.
Analysts at EFG Hermes said in a note to investors that there are still no reports of swine flu in the main MENA countries, but given the rapid spread of the disease the would not be surprised to hear of cases appearing in the coming days. During the initial months of the Severe Acute Respiratory Syndrome (SARS) crisis hotel occupancy declined more than 50% and tourist numbers fell between 50% and 70% in affected areas
The power of the Ottoman Empire was largely based on war and conquest. The military was its most important institution. The Istanbul Military Museum puts that on display. The museum originally opened in 1950 and housed in an old church. In 1993, it moved to its current location in the old Ottoman imperial military academy. As one would expect from a military museum, it...
The Flame of Liberty is a full size gold covered replica of the flame held by the Statue of Liberty in New York City. It is located near the Pont de l'Alma, where Princess Diana died in a car crash in 1997, and is considered by many an unofficial memorial to the beloved Princess. People the world over flock here to lay flowers and messages. The flame was donated to the city by the Int...
The huge tent, which is a permanent fixture at the northern end of Lenin Park, is home to Hanoi's Central Circus. Shows are held Wednesday through Saturday at 8pm and on Sunday mornings at 9am. The Sunday morning show is held with children in mind, and is a popular Sunday activity with residents of Hanoi. Address: Lenin Park, Hai Ba Trung District ...
Situated in the Sants neighborhood, it was a heavily industrial area at the end of the 19th century and was home to some of the most important textile factories of Spain. ...