Turkey’s biggest theme park opens at a difficult time



The opening this month of biggest leisure and entertainment park in Turkey, The Land of Legends, in the visitor hotspot of Antalya, comes amid a particularly testing period for tourism companies in the country.
The number of foreigners visiting Turkey plummeted more than 40 per cent in June, official data showed on Thursday, marking the biggest drop in at least 22 years as tensions with Russia and a series of deadly bombings kept tourists away.
Operators of the The Land of Legends, which was designed and built as a joint venture by Rixos Hotels, Emaar Properties and Dragone Productions, will be hoping that the numbers soon recover.
And, an increasing number of businesses in the country seem to think they will, along with a rebound in the wider economy.
Turkey's index of economic confidence has hit its highest level so far this year in July, rising 14.9 per cent to 95.7, the Turkish Statistics Institute said on Thursday.
July's reading was the highest since December 2015, the data showed.
Tourism chiefs aim to pull in the crowds with the huge park which, according to Rixos, "takes children, youngsters and adults on the journey of their lifetime, an experience full of adventures and excitement, with a new interpretation of entertainment".
Located in Belek, Antalya, 27km from Antalya International Airport, Land of Legends offers the world's first musical boat feast, according to Rixos, and the "Kingdom", Turkey's first hotel specially designed for children.
It also incorporates the Water World, the Tower of Legends and the Water Coaster – 43 metres high on which passengers hit speeds of up to 86kph. There is also a "5D cinema", where guests enter with their swimsuits on (quite why is not revealed by the operators), as well as surf and wave pools, while there are also regular shows performed by original characters specially designed for the park.
"The Land of Legends Theme Park offers everybody from seven to 70 a breathtaking ambience in a so far undiscovered world of magic," gushes Rixos.
"As soon as the guests enter this hitherto unheard of land of fantasy and imagination, they become involved in a huge stage show. Everybody writes and lives her or his own legend in this bewitching world."
In what the operators say is Europe's biggest water world there is also an underwater safari, "where many sea animals can be watched, as well as specially heated pools for a great experience and unforgettable moments for the whole family".
The park also featureas an area resembling a volcano, where waves rise 2 metres from "eruptions" in the wave pool.
The park's accomodation offer guests in rooms and suites entertainment such as PlayStations, Barco vision and double-screen Led TVs, and there are a range of restaurants and bars. A spa centre and fitness centre are also on site.
Dragone Productions says the theme park is a new concept for multi-sensory experiencesand and says Land of Legends is the first realisation of this. Emaar Properties, meanwhile, is responsible for the shopping centre management.
Still, despite the attractions, the park has some significant hurdles to overcome. Tourist arrivals to Turkey fell 40.8 per cent year-on-year in June, with 2.44 million people visiting during the month, data from the tourism ministry showed. That was the biggest drop on record, according to the data, which goes back to 1994.
The previous record fall was set in May, when tourist arrivals dropped by 34.7 per cent. Tourism has been hit hard by tensions with Moscow after Turkey shot down a Russian jet over Syria last year. While Ankara and Moscow have recently started to rebuild ties, tourist arrivals from Russia dropped 87 per cent in the first six months of the year, the data showed.
Rixos remains undeterred.
"We aim to be a trendsetter brand that can produce lifestyle choices by following trends and technologic developments and learning the demands, needs and expectations of our exclusive guests," says Mehmet Tulunay, one of the company's hotel managers.
Still, Land of Legends will have its work cut out to overcome the current land of reality in Turkey.
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Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
A cryptocurrency primer for beginners

Cryptocurrency Investing  for Dummies – by Kiana Danial 

There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine. 

Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.

Although cryptocurrencies are a fast evolving world, this  book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.

Begin your cryptocurrency journey here. 

Available at Magrudy’s , Dh104 

'Skin'

Dir: Guy Nattiv

Starring: Jamie Bell, Danielle McDonald, Bill Camp, Vera Farmiga

Rating: 3.5/5 stars

Women%E2%80%99s%20T20%20World%20Cup%20Qualifier
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FROM%20THE%20ASHES
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The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Sui Dhaaga: Made in India

Director: Sharat Katariya

Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav

3.5/5

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Married Malala

Malala Yousafzai is enjoying married life, her father said.

The 24-year-old married Pakistan cricket executive Asser Malik last year in a small ceremony in the UK.

Ziauddin Yousafzai told The National his daughter was ‘very happy’ with her husband.

Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

The specs

Engine: 1.6-litre 4-cyl turbo

Power: 217hp at 5,750rpm

Torque: 300Nm at 1,900rpm

Transmission: eight-speed auto

Price: from Dh130,000

On sale: now

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,000

On sale: Available for preorder now

SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2)
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