Dubai’s financial chief said Tuesday that urgent action is necessary to shore up Dubai World’s Nakheel, and Dubai Holding. However, Nasser Al Shaikh, Director General of Department of Finance, said the company is not asking for emergency help as they think they can handle the crisis. Dubai’s properties are a lynchpin for the economy, and they have been slumping since last year as oil prices and the global slowdown have impacted the economy. New reports have possible negative growth this year have increased concern. Dubai Holding and Nakheel will be among the first companies to benefit from this months sale of $10 billion bonds to the UAE’s central bank.
This is administered by the University of Sao Paulo and offers insights on science, geography, geology, history and more. The center is mostly geared towards the inquisitive minds of children. Address: Rua Guaicurus, 1394, Lapa. Tel: 3673-7022. ...
The largest cemetery in Paris is spread out over nearly 120 acres and attracts hundreds of thousands of visitors annually. Known as the City of the Dead, the cemetery has thousands of elaborately decorated tombstones and mausoleums. Numerous narrow paths wind through them. More than 300,000 people are buried here, with the cremated remains of thousands more in the columbarium. The property...
This hotel offers a petting zoo with a staff trained to make sure that the children have fun in a safe and friendly environment. Children can play with monkeys, a deer, a camel, a pony, flamingoes, and ducks. There is also a “Children's Garden" that has toys, swings, a trampoline, and a junior pool. These facilities are available to hotel guests only. Pyramids...
This twin-towered fort, which sits atop a gigantic rock, was built in the 1580s when Muscat was occupied by the Portuguese. It served as a bastion to protect the harbor from invaders and also served as a prison for many decades. It is currently a museum showcasing Omani culture, history and heritage. It is not, however, open to the general public. Only foreign dignitaries and heads of state are al...