Aleph Hospitality, the largest independent hotel management company in the Middle East and Africa, has signed a hotel management agreement with Diyar Al Khalidiyah Hotel Services Company for the Diyar …
Rohingya refugees in Bangladesh mark anniversary of Myanmar exodus as conference opens
Tens of thousands of Rohingya refugees living in camps in Bangladesh are marking the eighth anniversary of their mass exodus from Myanmar. The refugees demanding safe return to Myanmar’s …
Dubai: Indian property buyers warned against using international credit cards
Indian property buyers have been warned against using international credit cards to make a down payment as it involves risks and violations of the laws of some countries. Real estate and tax experts …
Evergrande delisting marks end of era for China’s property sector
Evergrande, the world’s most indebted property developer, has been officially ejected from Hong Kong’s stock exchange, bringing down the curtain on the public status of a company that embodied the …
Chinese property giant Evergrande delisted from Hong Kong stock market
Chinese property giant Evergrande delisted from Hong Kong stock market – China Evergrande’s delisting closes a chapter in country’s unprecedented property crisis …
Chinese property giant Evergrande to be delisted after spectacular fall
Evergrande was once China’s biggest property developer [AFP via ] Chinese property giant Evergrande’s shares will be taken off the Hong Kong stock market on Monday aft …
China’s property crisis has no end in sight
When China Evergrande, once the biggest Chinese property developer, went public in Hong Kong in 2009, the country’s real estate market was …
Evergrande: Why should I care about the crisis-hit Chinese property giant?
In March of the same year, Evergrande’s founder Hui Ka Yan was fined $6.5m (£4.8m) and banned from China’s capital market for life for his company overstating its revenue by $78bn. The company was …
China Property Stocks Power Up as Traders Bet on Stimulus
Developer China Vanke led the property stock charge in Hong Kong, rising 15% to HK$5.97–on track for its largest one-day gain since February. That came after it reported a drop first-half revenue and …
Once a US$50b giant, Evergrande delisted in China’s property collapse saga
Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for …