Dubai to build world’s biggest Ferris wheel![]() February 14, 2013 - 12:48 AMT PanARMENIAN.Net - Dubai's ruler has approved a 1.6 billion US dollar island development project that would be home to what is billed as the world's biggest Ferris wheel, Belfast Telegraph said. The project reflects a renewed appetite in Dubai for extravagance as the economy rebounds from a debt-driven slump during the past three years. The official WAM news agency said that the Ferris wheel - dubbed the Dubai Eye - will stand 210 metres tall, exceeding the London Eye's 135 metres. Construction is set to begin this year. Dubai has proposed a series of mega projects reminiscent of the boom years in the United Arab Emirates before the downturn hit in 2009. The projects include theme parks and a satellite city named for Dubai's ruler, Sheik Mohammed bin Rashin Al Maktoum. Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. Partner news |