Dubai-based Five Holdings announced that it has successfully paid off Dh1.1billion (US $300million) syndicated finance package 13 months ahead of schedule.

The international syndicate for the dual Islamic and conventional financing was used to support the construction of its Five Palm Jumeirah and Five Jumeirah Village Dubai projects. The syndicated financing was backed by seven financial institutions, including Abu Dhabi Islamic Bank, a leading"...

InterContinental Hotels Group (IHG) has revealed the name of its new quality midscale brand, avid hotels, alongside a brand logo and renderings of the hotel exterior and guest room.

First introduced to owners at the IHG Americas Conference in June this year, avid hotels is franchise ready, officially marking the start of licensing in the U.S. for this new"...

Nest Co-working Space, a shared workspace concept at Tryp by Wyndham, Dubai, is set to open its doors this autumn.

According to a statement released by the newly opened hotel, Nest represents one of the world’s first full-service co-working spaces integrated with a major internationally branded hotel.

The statement said that the vision for Nest is to become 'Dubai’s"...

For 14 years in row, the Israeli occupation authorities have been shutting down the Gate of Rahma at Aqsa Mosque, and had recently legitimized this action, by completely closing it, following an Israeli court decision.

The Israeli police recently asked the so-called Magistrate Court in occupied Jerusalem to close the former headquarters of the Heritage Committee at the Gate of Rahma inside Aqsa Mosque, amid condemnation by the Islamic Waqf.

The World Tourism Organization (WTO) on Wednesday postponed the vote on Palestine’s request to become a full-fledged member of the organization for its next meetings in the next two years, according to Israeli media

Israel and its allies at the United Nations, especially the United States have launched an international campaign to prevent Palestine from becoming a full member of the World Tourism Organization. This is in line with Israel’s"...

Palestinian women prepared cooking tools and ingredients at a hall of an institution in Gaza, waiting for chefs from Italy and Palestine to cook traditional dishes, in an event sponsored by the Ministry of Culture in Gaza.

Training meetings
The initiative was launched by the Ministry of Culture, which organized training sessions about preparing Palestinian and Italian popular dishes at the Center for the Empowerment of Women in Jabaliya,"...

A new 500-key four-star resort, expected to open by the fourth quarter of 2019, will be the newest addition to the beachfront landscape of Al Marjan Island in Ras Al Khaimah.

The project spanning an area of 10,886 square metres is being developed by Mohamed Ruqait (MR) Properties to the value of AED 400 million (US$109 million).

This is MR Properties’ second development"...

Global property developer The First Group has taken possession of its second hotel property, TRYP by Wyndham Dubai, marking another significant milestone in its portfolio development strategy.

The completion of the 675 upper mid-scale hotel in Dubai’s sought-after Barsha Heights district, also marks the TRYP brand’s debut in the city, cementing The First Group’s position as a respected"...

With home ownership rates declining worldwide as house prices soar, more and more people are turning to competitions to give them a chance at owning their own home. One Grecian couple decided to jump in on this opportunity and are raffling off their luxury villa in an exciting global event. The Greek islands are one of the most desired locations in the world and now one lucky winner could win a stunning Greek property worth 1.75 million Euros. The property, which includes its very own vineyard, is located on one of the Greek"...