News about Cayman in the Foreign Press

Friday, November 21, 2003

Cayman experience to be recreated in the Middle East

UNITED ARAB EMIRATES ­ According to AME Info, a man-made dive park is to be created in the Persian Gulf to simulate the bottom topography that might be found at famous dive destinations around the world, including the Cayman Islands.

Cayman oil pipeline

PARIS, France ­ World Press Review reports that the consortium behind the East European oil pipeline is registered in the Cayman Islands. "They are asking for taxpayers' money and not even paying tax," said a UK-based environmental group.

Cayman pirates

RIVERSIDE, USA ­ According to No Quarter Given, a magazine that charts pirate history, as many as 100 crews of pirate re-enactors meet around the United States, in addition to large annual pirate festivals in the Cayman Islands and Key West.

Not the example Cayman wants to be

CAIRO, Egypt ­ In a review of Internet fraud, Egypt Today cites an example of a scam artist in Belgium who cons an Egyptian out of his money, then funnels it into an offshore bank in the Cayman Islands: three different countries, each with its own legal system.

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