All
 

 

Just in:  

You are here: Home»World»Middle East»Dubai plans $2.7bn theme park complex

dubaiDUBAI: Dubai plans to build a 10 billion dirham ($2.7 billion) complex of five theme parks, including one focused on India's Bollywood cinema industry, to expand its booming tourism sector, the Dubai ruler's office said on Monday.

 

Local real estate company Meraas Holding has been chosen to develop the project, the first stage of which is expected to be completed by 2014, the office of Sheikh Mohammed bin Rashid al-Maktoum said in a statement on its website.

 

Located near Dubai's Jebel Ali port area, the complex is to include an adventure park featuring Hollywood brands, a marine park, a children's park and a night safari.

 

Meraas has formed partnerships with several major film studios in Mumbai to obtain content for the Bollywood Parks section, which will include a theatre showing Broadway-style musicals, the statement said.

 

A tourism boom and a nascent recovery in Dubai's property market has prompted the emirate to announce a string of ambitious projects this year. On Saturday, Sheikh Mohammed unveiled plans for a tourism and retail development which, he said, would include 100 hotels and the largest shopping mall in the world.

 

Copyright Reuters, 2012


 



 
Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58





where to buy

cheap wedding dresses

online - weddingdresstrend.com

Buy cheap Nike Mercurials cleats at mercurialscleats.com
cheap wedding dresses on SiteSteer.com - Best Online Wedding Store


Banking Review 2013


Buy direct from

China free shipping trade platform

Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln