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
Marine Drive
Mumbai, India
Marine Drive is a grand semi circular promenade skirting the Arabian Sea. It sweeps down from Malabar Hill to Nariman Point and is lined by grand Victorian buildings, art-deco apartment blocks and luxuriant palm trees. The twinkling at night of streetlights lining this promenade give an impression of a string of pearls; thus giving it the popular name ‘Queen’s Necklace’. Location: Malabar Hil...
Theatres
Sharm el Sheikh, Egypt
Theatres in Sharm El Sheikh are not as developed and stunning as the ones in Cairo, but threatre art is developing into something big everyday in this part of Egypt. Several plays and shows are now being run in different theatres at hotels and community centers. Some must visit theatres are Grand Galaxy theatre and Amphitheatre at Grand Rotana Hotel....
Prague Castle
Prague, Czech Republic
You cannot visit Prague without visiting its most famous landmark. Founded in the 9th century by Prince Bořivoj of the Premysl dynasty, the castle grew arbitrarily as subsequent rulers made new additions. All Czech rulers have had their residences at the castle except for the country’s first post-communist president who preferred the comforts of his own home. The castle now stands at almost seven ...
Hoa Lo Prison
Hanoi, Vietnam
Constructed by the French in 1896; mainly to house political prisoners it was taken over by the Vietnamese in 1954. From 1964 to 1973 it was a major POW detention facility with some of the famous inmates including U.S. Sen. John McCain, Pete Peterson, the ambassador to Vietnam, and Lt. Everett Alvarez, officially the first American pilot to be shot down over Vietnam. To the west of the main compl...