Latest news with #GoldenGate


The Guardian
07-07-2025
- Science
- The Guardian
Starwatch: Venus will pass through the ‘golden gate' of two star clusters
This week, Venus will pass through the so-called Golden Gate of the Ecliptic. Although the name has risen to prominence with science popularisers in recent decades, its exact origin is unknown. It references two star clusters in the constellation Taurus, the Bull. The Hydes and the Pleiades lie on either side of the ecliptic, which is the plane of the solar system. As such, the sun, the moon and the planets all follow this line in their passage through the sky. The constellations the ecliptic passes through are known as the zodiacal constellations, referred to in popular culture as the signs of the zodiac. The chart shows the view looking east-north-east from London at 3.30am BST in the pre-dawn twilight of 8 July 2025. On this day, Venus will be approaching the 'gate'. On subsequent mornings, the brilliant planet will move across the invisible line between the two clusters and on 12 and 13 July, it will clip the top of the Hyades star cluster, appearing 3 degrees away from the star Aldebaran. Venus will be a brilliant white beacon in the morning sky, contrasting with the blood-red light from Aldebaran, which represents the eye of the bull. The conjunction will also be easily visible from the southern hemisphere.
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Travel + Leisure
17-06-2025
- Travel + Leisure
This Is the Best Hiking City in the U.S.—and It's Not Denver or Portland
Cities aren't typically considered top destinations for hiking, but the best hikes aren't necessarily always in the backcountry. In fact, sometimes you can catch the most thrilling views from the densest of urban landscapes, and take in stunning landscapes and cityscapes at the same time. And a new report from the footwear commerce site SportsShoes set out to find out which cities were the best for hikers. For its report, SportsShoes analyzed hiking trail data from 180 of the most popular tourist cities in the world. It took into account the number of trails in each place, how popular they are, and the average reviews of each trail, using data from AllTrails. After evaluating all the numbers, one U.S. city beat out the domestic competition. With 119 hikes that are both highly popular and easily accessible, San Francisco, was named the top hiking city in the U.S. and the third best in the world—and it's no wonder. The Golden City has many can't-miss hikes, including the Dipsea Trail, Lands End Trail, and the Mount Sutro Loop. There are so many options in the city that, regardless of your skill and experience level, you'll be able to find a hike in San Francisco that suits your abilities. Plus, odds are, there will be a scenic view at the end. "From exploring Alcatraz Island to catching the sunrise over the Golden Gate Bridge, San Francisco is packed with iconic sights," SportsShoes wrote in its report. "... The wilderness behind San Francisco's University Campus is touted as a stunning section of the city to explore, and the Golden Gate Park—the third most visited park in the U.S.—features tons of trails, as well as Botanical and Japanese Tea Gardens. According to All Trails, the top five hiking trails in San Francisco are the Lands End Trail, the San Francisco Crosstown Trail, Seal Rocks Beach, the California Coastal Trail, and the Batteries to Bluff Trail. The longest trail in the city is the Ferry Building to Mount Tamalpais Cycle Route, which is 59.5 miles long. Since San Francisco is so condensed, it's the perfect place to pair an outdoor adventure with the benefits of city living. You could follow up a hike with fine dining, a museum visit, or even take time to explore the Bay Area's unique neighborhoods, like the Mission District. But there are plenty of other great cities for outdoor adventure in the U.S. According to SportsShoes, other great destinations for hiking in the country include: Los Angeles, California Portland, Oregon Las Vegas, Nevada Nashville, Tennessee Seattle, Washington Philadelphia, Pennsylvania Washington D.C. Boston, Massachusetts
Yahoo
11-06-2025
- Business
- Yahoo
Fisherman's Wharf facelift plans means Alioto's gets bulldozed
San Francisco, California - The San Francisco Port Commission officially received the Port's proposal to remake the very heart of Fisherman's Wharf into a more viable and attractive center of the world-famous tourist site. It involves bulldozing one famous restaurant, possibly rehabbing two others, creating a new pedestrian plaza and making historic fishing boats the centerpiece. What we know First and foremost, the plan calls for tearing down the long-closed Alioto's Restaurant and converting the space into an open-air portal with spectacular western-facing vistas within a year. Sal Alioto, captain of the fishing boat Golden Gate, is a member of the famed Alioto family. "So, once they open up the total view of Fisherman's Wharf, the Golden Gate Bridge and visualize the sunset at night this will be a gorgeous view," said Alioto. "It's always sad to lose something that's iconic and Alioto's the first restaurant on the wharf, the first building on the wharf," said third-generation San Francisco Lana Costantini of the SF Historical Society. She adds, "I think it gives us an opportunity to rethink parts of our city and how we reuse it and how we engage with the space there." Another major goal, is to vastly improve the Inner Lagoon docks and lighting for historical fishing vessels; one of the wharf's most iconic attractions and the largest fishing center on the California coast. "And that's what the port wants to do is to keep it viable. They want people to come down here and buy fresh fish off the boats which is a good thing," said Alioto. Another goal: improve business conditions and requirements to get both long-term and pop-up businesses to attract tourists and locals to the wharf. Don McFarland is one of five generations who own and operate Salbella and Latorre Italian Restaurant and crab stand, and says the wharf can again be a dining mecca. "In the heyday, we used to generate over 30% of revenue for the city just on this block from Gardino's down to Grotto's place," said McFarland. Historic Fisherman's Grotto and Tarantino's could find new owners. But it all must maintain the Fisherman's Wharf legacy. "If they're gonna keep the history, it will be wonderful. It's all about keeping the history of Fisherman's Wharf," said Alioto. With Alioto's, Fisherman's Grotto and Tarantino's all empty now, The Port of San Francisco and the City of San Francisco have an enormous opportunity to turn this into something unimaginably successful in the center of one of the most important tourist areas on Earth.


Zawya
04-06-2025
- Business
- Zawya
Al Baraka Bank Egypt acts as mandated lead arranger in EGP 4.2bln syndicated facility for Redcon Properties for Real Estate Development
Cairo – As part of its strategic vision to enhance its role in the syndicated finance market, Al Baraka Bank Egypt announced its participation as a Mandated Lead Arranger in a syndicated facility valued at EGP 4.2 billion. The facility is extended in favor of Redcon Properties for Real Estate Development to support the execution of its flagship integrated commercial and administrative project, 'Golden Gate,' located in the heart of New Cairo. Al Baraka's contribution to the facility amounts to EGP 1 billion, underscoring the bank's steadfast commitment to advancing the real estate sector through innovative financial solutions. The facility was structured and arranged by First Abu Dhabi Bank Misr (FABMISR), acting as the Initial Mandated Lead Arranger, Bookrunner, Facility Agent, Account Bank, and Security Agent. The syndicate includes Al Baraka Bank Egypt and Abu Dhabi Commercial Bank (ADCB) as Mandated Lead Arrangers, alongside Arab Bank and Emirates NBD Egypt as Lead Arrangers. Matouk Bassiouny & Hennawy (MBH), acted as the Lenders Legal counsel marking a strong show of confidence in the project's viability and long-term impact. Commenting on the announcement, Mr. Hazem Hegazy, CEO and Vice Chairman of Al Baraka Bank Egypt, stated: 'Our participation in the Golden Gate project through this syndicated structure is a clear testament to our ongoing efforts to support the real estate sector and contribute meaningfully to urban development in Egypt. We believe syndicated facilities are an essential mechanism for mobilizing investment in projects that offer both economic and societal value. Our commitment to delivering comprehensive financial solutions reflects our mission to empower clients with sustainable growth opportunities while supporting projects that improve urban infrastructure and quality of life, consistent with Egypt's vision for planned urban expansion.' Eng. Tarek El Gamal, Chairman of Redcon Properties for Real Estate Development, emphasized the significance of the project, stating: "Golden Gate marks a turning point in urban development concepts. Our goal is to create an integrated experience that redefines modern commercial and administrative communities in Egypt, offering vibrant spaces that cater to diverse societal needs with a strong focus on environmental responsibility. The project spans a total built-up area of 178,655 square meters and features world-class commercial and office units, making it an attractive destination for local and international investors. This financing reflects the market's trust in our long-term strategic vision and highlights a successful model of collaboration between the real estate and banking sectors in support of national development objectives.' The financial alliance, led by FABMISR, further cements Golden Gate's status as one of East Cairo's most prominent mixed-use developments. Strategically located in New Cairo directly across from the American University in Cairo (AUC), the project boasts a 1.2-kilometer frontage on South 90 Street and lies just 400 meters from the nearest monorail station, ensuring seamless connectivity with the area's modern transport and infrastructure networks. It is noteworthy that Al Baraka Bank Egypt participated in 12 syndicated facilities during 2024, contributing over EGP 6 billion to major projects in key sectors, including energy, real estate, and agribusiness. This demonstrates the bank's depth of expertise in structuring high-impact financing solutions that advance Egypt's sustainable economic development.


Zawya
03-06-2025
- Business
- Zawya
Egypt: Redcon secures $80mln loan led by FABMISR for Golden Gate development
Arab Finance: First Abu Dhabi Bank Misr (FABMISR) has led a syndicated loan worth EGP 4.2 billion to finance the development of Redcon Properties' flagship Golden Gate project, a major commercial and administrative complex in New Cairo, as per an emailed press release. FABMISR served as the initial mandated lead arranger, bookrunner, facility agent, security agent, and account bank for the deal. The syndicate also includes Al Baraka Bank Egypt and Abu Dhabi Commercial Bank as mandated lead arrangers, alongside Arab Bank and Emirates NBD Egypt as lead arrangers. Meanwhile, Matouk Bassiouny & Hennawy acted as legal counsel to the lenders. Initially set at EGP 3.5 billion, the facility was oversubscribed by 1.2 times, triggering the Greenshoe Option and increasing the loan size to EGP 4.2 billion. Golden Gate, located on South 90 Street opposite the American University in Cairo and 400 meters from the nearest monorail station, is positioned as one of East Cairo's key mixed-use developments. The project includes extensive retail and leisure offerings and features one of Egypt's largest underground parking facilities, spanning 250,000 square meters over two levels. Designed to meet high sustainability standards, the development is projected to cut service costs by 40% and is promoted as Egypt's largest green, mixed-use complex. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (