Tuesday 19 June 2018

Meraas eyes $234m loan for Ferris wheel scheme

Meraas Holding, a Dubai state-owned property firm, is seeking a Dh860 million ($234 million) loan to fund the development of retail space around what will be the world's largest Ferris wheel, two banking sources aware of the matter said.


Bahrain 'hub for public administration'

The government sector in Bahrain is administratively successful and is now qualified to be a Middle East hub for public administration, said an expert. "The government sector does not suffer from any administrative problems,&


Singapore to open largest Ferris wheel in March

Singapore is set to open the world's largest Ferris wheel in March next year, as part a drive to attract more tourists. At 165 metres (about 541 feet) high, the Singapore Flyer will trump the 160-metre Star of Nanchang in Jiangxi, China an

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