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François Hollande became the new president of France after defeating in the last Sunday elections his opponent and former president Nicolas Sarkozy. Hollande started his campaign when Dominique Strauss-Kahn lost his presidential bid to a sex-scandal in New York, USA. “The French...

The Dubai World construction company, Drydocks World, has signed a memorandum of understanding with the Swiss company BIG InvestConsult AG to start the project of the first underwater hotel in the world. According to the document, Drydocks World becomes the sole executor of the...