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DUBAI Wholesale Arizona Cardinals Jerseys , Aug. 3 (Xinhua) -- Dubai ruler Sheikh Mohammed Bin Rashid Al-Maktoum launched Monday Meydan One, a tourism development project expected to feature a 1.2 km-long ski slope, an ice rink along with the world's largest fountain, said the ruler's media office via its social media channels.

The project will cover an area of 3.5 million square meters. It will be located between the 829 meters-tall Burj Khalifa, the world's tallest tower, and the Meydan racecourse in the emirate's center.

The project's phase one is slated to be completed by 2020 Wholesale Chicago Bears Jerseys , the year Dubai will host The World Expo as the first ever Arab city.

Local newspaper SevenDays tweeted its first impressions of the Meydan One project. Aside from the planned ski slope and ice rink, the development will also introduce the world's largest fountain, capable of shooting water up to 420 meters high.

The 1.5 kilometers-long ice rink will be the world's longest. Hotels, residential properties, a shopping mall and a high-rise building called Meydan One Tower are included in the project.

Dubai already has an artificial indoor ski slope in Mall of the Emirates shopping center, opened in November 2005.

As per Sheikh Mohammed's order Cheap Washington Redskin Jerseys , also vice president and prime minister of the United Arab Emirates, Dubai will double tourist numbers to an annual 20 million by 2020.

WASHINGTON, Aug. 29 (Xinhua) -- The International Monetary Fund (IMF) on Friday announced a disbursement of 1.4 billion U.S. dollars to crisis-torn Ukraine, but warned that the program remains highly challenging and continues to hinge on the development of the conflict.

The new funding was approved after the IMF's Executive Board, its decision-making body, completed the first review of Ukraine's performance under an economic program. That brings the total disbursements to about 4.51 billion U.S. dollars.

"Overall Cheap Tennessee Titans Jerseys , economic policies have generally been implemented as agreed in the program, as the Ukrainian authorities have persisted in taking difficult measures despite the volatile political situation," the world lender said in a statement.

"However, the conflict in the eastern part of the country is taking its toll on the economy and society, and compensatory measures will be critical to achieve key program targets agreed for 2014 and beyond," noted the statement.

It stressed that the program "remains highly challenging and continues to hinge crucially on the assumption that the conflict will subside in the coming months."

In April Cheap Tampa Bay Buccaneers Jerseys , the IMF approved 16.67 billion U.S. dollars of credit line as part of a 27-billion-dollars international rescue package to support the Ukrainian government's economic program, which aims to restore macroeconomic stability, strengthen economic governance and transparency, and launch sound and sustainable economic growth while protecting the vulnerable groups.

"The Ukrainian authorities have firmly implemented policies to stabilize the economy and revive growth. This strong policy record despite the much worse-than-expected environment is encouraging in light of the implementation problems that derailed previous programs and thus augurs well for the authorities' ability to keep the program on track," IMF Managing Director Christine Lagarde said in a statement on Friday.

"However, the escalating conflict in the East and ongoing geopolitical tensions have weighed heavily on the economy and society Cheap Seattle Seahawks Jerseys , causing a deeper recession and deviations from program targets in the short term, in particular on the central bank's net international reserves and the budget and Naftogaz deficits," she added.

Lagarde underlined that the downside risks to the program remain very high, and that the program's success hinges on a timely resolution of the conflict in eastern Ukraine, as well as on the authorities' strong policy performance and adherence to the planned reforms.

Ukraine received the first tranche of IMF funds in May and used it to boost its weak foreign exchange reserves and stabilize the macroeconomic and financial situation.

Ukrainian Finance Minister Alexandr Shlapak said earlier this month that his country was awaiting the second tranche to boost the state budget and stabilize the financial market.

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