Arada, the UAE's newest developer, has awarded the infrastructure design contract for Aljada, the largest ever mixed-use project in Sharjah, to leading professional services firm Jacobs Engineering Group. The contract forms part of the overall Dh1.2 billion ($326 million) infrastructure...

Crypto News: New Japanese cryptocurrency exchange comes to Europe and South Korea confirm new regulations Weiss Ratings, one the leading rating agencies of financial institutions in US, will release the first ever grades on cryptocurrencies later today. The independent ratings agency will...

The first ever cryptocurrency rating is good news for Ethereum The eagerly anticipated Weiss Ratings for cryptocurrencies, the first attempt to rank the newest asset class, has given Bitcoin a C+ in it’s a to F grading system. None of the 74 rated cryptocurrencies currently get an A...

STR analysis of full-year performance also notes small rise in occupancy to over 75% Hotels in the UAE recorded declines in key performance indicators for 2017, although occupancy rates edged up, according to analysts STR. It said in a new research note that occupancy across the UAE...

Developer Kleindienst Group denied the claims A project compromising floating villas harboured 4km offshore at Dubai’s World islands is lacking in basic approvals from authorities, according to reports. Gulf News said its own investigations had revealed the Dhs15m ($4m) Floating...

At least 13 new service stations will open in 2018, according to ADNOC Distribution ADNOC Distribution has announced plans to open at least 13 new service stations in 2018 including, for the first time, sites in Dubai and Saudi Arabia. Three new service stations are planned in Dubai,...

Mina by Azizi features private beach access to 178 fully-furnished serviced apartments and penthouses UAE-based Azizi Developments said on Wednesday it is on course to complete its project Mina by Azizi on Dubai's Palm Jumeirah in the third quarter of 2018, ahead of schedule. Mina by...

Ras Al Khaimah Tourism Development Authority signs agreement with global hospitality pioneer Ras Al Khaimah Tourism Development Authority (RAKTDA) and Airbnb on Wednesday signed an agreement to promote responsible home sharing, boost tourism and diversify the tourism offer in the emirate....

Family reportedly forgets to take her home to Al Ain after flying into Dubai International Airport A three-year-old girl was left behind at Dubai International Airport after a family reportedly "forgot" to take her with them on their onward journey home to Al Ain. Local media reports...

UAE-based Miral has announced that its new vibrant beachfront community space, A’l Bahar, is on schedule for opening by the end of the first quarter with around 80 per cent of entertainment and food and beverage (F&B) outlets already leased at the beachfront project at the corniche, Abu Dhabi....