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 seven centuries old, 40 feet high mud wall that goes around the old city is also quite well-preserved, and is a sight in itself. It contains the Bab-al-Yemen, a large portal that celebrates the entrance into the old city. Out of the original six gates that marked the entry into Sana'a, it is the only one surviving in its original shape. Slip into a time warp as you pass through the large gate,...
This museum is playful and interesting. Its growing collection includes talented artists like Stephen Andrews, Genevieve Cadieux, Ivan Eyre, Betty Goodwin, Micah Lexier, Arnaud Maggs, and Roland Poulin. Their temporary exhibits are fascinating such as the one on tattoo art-‘Art for the Human Canvas’. Timings: Tues-Sun 11AM-6 PM Admission: Free Address: 952 Queen St. W Tel: 416/395-7430...
Built before 130 A.D by the famed Roman emperor when Athens was under Roman rule, this is a splendid architectural site. Of the 100 columns of marble that supported this structure, only eight now remain. Timings: Tuesday- Sunday 8 30 A.M- 3 P.M. Address: Areos and Dexippou ...
This was the Wittlesbachs summer residence. Elector Ferdinand Maria commissioned the building of the Palace in 1664. Its center is a small Italianate palace which the Electress Adelaide dedicated to the goddess Flora and her nymphs – which is where the palace’s name comes from. Timings: Oct-Mar daily 10.00 – 16.00 Apr-Sept daily 9.00 – 18.00 Admission: €5 for adults, ...