The UAE may soon be the world’s premiere home for theme parks as an increasing number of entertainment giants such as Paramount Pictures and Marvel Entertainment are teaming up with local developers to build mega resorts in the country. However, as billions of dollars are being poured into these projects, some experts are raising concerns about whether these parks will be as successful as hoped.
SOURCE: AMEinfor.com – UAE prepares for theme park boom – UAE Focus.
IT HAS been a frustrating time for many businesses in India’s IT hub of Bangalore. Endless traffic jams, sporadic power, a chaotic airport and many politicians who just couldn’t give a damn.
For four years, Karnataka state, home to India’s “silicon valley”, was ruled by a chaotic coalition with a regional party. Janata Dal (S)’s support base was among farmers, and politicians were criticised for ignoring Bangalore’s IT “elites”.
The result: more decrepit public transport, four-hour commutes, packed roads and blackouts that have taken some gleam off this city as it faces increasing competition for foreign investment from rival cities such as Shanghai and Manila.
Read more @ the SOURCE – Scotsman.com News – India’s politicians pay the price for ignoring booming urban economy – .
PA to invest $2b in urban projects
Some 1,400 businessmen attend Palestinian Authority’s financial conference in Bethlehem, pledge investments, discuss future of Palestinian economy.
The Palestinian Authority held a financial investors conference last week in Bethlehem. The conference, hailed a great success was led by Tarik Abbas – Palestinian President Mahmoud Abbas’ son.
The goal: To show the world the Palestinians have rehabilitated their economy and that the West Bank should not be considered a safe bet for overseas investors.
Read more @ the SOURCE: Ynetnews.com – PA to invest $2b in urban projects – Israel Money, .
CHENGDU, May 24 (Xinhua) — China will build 1.5 million make-shift houses in the quake-stricken Sichuan Province, which are expected to endure at least three years, Minister of Housing and Urban-Rural Development Jiang Weixin said Saturday.
The houses, offering 20 square meters floor space each, should be made of anti-quake and environment-friendly materials and equipped with lighting facilities, Jiang said at a meeting held by the State Council’s earthquake relief headquarters here in the provincial capital.
Supportive public facilities such as schools and medical service should also be set up, he added.
The unaffected provinces in the quake were required to provide aid to a designated stricken area in Sichuan. Jiang said the unaffected provinces or municipalities should appoint skilled builders and transport the makeshift houses to the quake-hit areas as soon as possible.
SOURCE: Xinhua News Agency – China to build 1.5 mln make-shift houses for quake-affected people_English
The days of spending six digits to remodel that kitchen are over.
Landscape architects are seeing a change in the way people are using their hard-earned money: In the coming decade, they’ll spend their cash (and their time) on the outdoor “great room.”
Erase the image of a simple patio with a few potted plants scattered around. Today, outdoor living is less about communing with nature and more about cooking, entertaining and relaxing outside with family and friends.
Read more @ the SOURCE: The Rocky Mountain News – Outdoor living areas all the rage : Home & Garden :