General Travel News

Nakheel Requires Urgent Action

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. 

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Featured Sights To See
Old Medina

Old Medina

Casablanca, Morocco

Old Medina is a small traditional walled town in the north of Casablanca containing an extravagant labyrinth of lanes. Wander through the bustling streets and watch the never-ending spectacle of barbers, butchers, grocers, ironmongers and their throng of customers.                    ...

Parque Mexico

Parque Mexico

Mexico City, Mexico

A large central park located in Condesa. Must-visit for a leisurely stroll at least once on every visit to the city – just lifts the stress right off of you. The main public square within the park has regular live performances by musical bands. Stalls selling all kinds of domestic clothing and handicrafts are frequently set up, and haggling is very common.   ...

Sairan Lake/Big Almaty Lake

Sairan Lake/Big Almaty Lake

Almaty, Kazakhstan

Address: 28 km south outside Almaty Situated on the southern suburbs of the city, this large, man-made mountain lake inside the Bolshaya Almatinka river gorge, is a wonder to behold. 2500 meters above sea level, It is surrounded on all sides by towering mountain peaks covered with pine forests, lush green in summer and frozen over in winters. The colors of the lake also change according to the ...

Ice Skating rink, Panari sky center

Ice Skating rink, Panari sky center

Nairobi, Kenya

Within 5 kms of the City Center is this architectural masterpiece. Considered the largest rink in East Africa, the Ice Rink is on the 2nd floor of the Panari Sky Center. It has 15,000 square feet of ice and can accommodate 200 skaters. The ambience of the Alpines have been recreated. ...