General Travel News

Qatari Diar to invest in Cyprus

May 9 - The Cyprus Government has signed an agreement with Qatari Diar Real Estate Investment Company to invest Dh551 million in a real estate venture that includes a five-star hotel, luxury apartments, retail space and office buildings, said officials on Saturday.
This development will take place in Cyprus’ capital Nicosia and both countries will be equal stakeholders in the project."This major tourism development underscored the strong relationships that exist between Cyprus and the Middle East countries and clearly underlines the confidence in the Cyprus economy, which has remained relatively unscathed in the global economic climate. This development needless to say has helped restore investor confidence in the tourism industry of Cyprus," said Antonis Paschalides, Cyprus minister of trade, commerce and tourism.
The project will be completed in 30 months and construction is due to begin in two months’ time. Tourists to Cyprus from the Middle East rose 9.5 per cent in the first quarter of this year. Total arrivals from the Middle East are expected to surpass 50,000 in 2010.
 

More General Travel News
Germany promoting family vacation, luxurious shopping and medical tourism
Exhibitors from 150 countries and 65 national pavilions expected at Arabian Travel Market Dubai
Discover Russia this summer
Latest Travel News
Emirates A380 Onboard Lounge on display ...
Etihad’s heavyweight promotion at Arabia...
Emirates cuts flights to the United Stat...
Featured Sights To See
Vieux Port

Vieux Port

Montreal, Canada

Vieux Port, also known as the Quays of the Old Port of Montreal, is Montreal’s old port repurposed as an upscale waterfront promenade.  The concept is certainly not unique to Montreal, but here it is executed particularly well.  The old port dates back to the original trading post built in 1611.  In the mid-twentieth century, it began to fall into disrepair as operations moved furth...

Museu Nacional do Azulejo (National Tile Museum)

Museu Nacional do Azulejo (National Tile Museum)

Lisbon, Portugal

If you must see only one museum in Lisbon make it this one. Housed in a 16th century convent, this place pays homage to one of Portugal’s most famous exports the azulejo (tile). The exhibits cover everything, from the azulejo’s beginnings in the Ottoman empire to the present. Star attractions include a 36m panel depicting a pre-earthquake Lisbon and a gold-bedecked baroque chapel. The cafe also ge...

Burano

Burano

Venice, Italy

A peaceful village which has brightly painted houses lining the canals. As this village’s fishing based economy dwindled, the residents took to lace making to earn a living. As soon as you enter the village, by the time you reach the Piazza Galuppi, the main square you would have passed dozens of stalls of lace vendors. These ladies are very proud of their unique product so they don’t offer great ...

Ski Dubai

Ski Dubai

Dubai, United Arab Emirates

Winter is the last thing that comes to mind on a sweltering 45 degree afternoon in Dubai.  Unless of course you happen to be at Ski Dubai in the Mall of the Emirates, the first and largest indoor snow park in the world.  This is another of Dubai's zany wonders.  Enjoy five runs of varying difficulty, height, and gradient.  The longest is over 400m with a 60m drop, and skis and ...