Li Daqing is what people in China call a fangnu, or mortgage slave. Right now he and millions of indebted Chinese property owners are in a lot of trouble.
Paphos struggling to meet rental property demand, students affected
University and college students in Paphos will have to pay higher rent prices during the upcoming school year, according to a number of municipality and district officials, with the district …
Gas, money and spies: Time running out for Timor-Woodside deal
Unless the project that’s been in the pipeline for 20 years and is potentially worth $20 billion is producing LNG before the end of this decade, East Timor faces bankruptcy.
House Hunting in Bahrain: Gulf Views From a Fish-Shaped Isle for $1 Million
The property is on an island called Petal 2 in Durrat Al Bahrain, a resort development of 15 artificial islands, some shaped like fish or atolls, connected by causeways and bridges. The reclaimed …
The Avenues – Bahrain awards the contract for its Phase II Expansion Project to Nass Group
The Avenues Company W.L.L., a wholly owned subsidiary of Al-Sorouh Management Company W.L.L has announced the appointment of Nass Group as the main contractor to begin works for the construction of …
Saudi Arabia economy is booming, and it’s not just because of oil
This is Saudi Arabia, the world’s biggest exporter of oil, so it’s no surprise the property market is red-hot as income from a spike in energy prices flows through the economy. But Almajed says the …
Amid covid surge, Iran cut corners to approve yet-unproven vaccine
The government ignored a top health official’s warning to greenlight a lucrative vaccine developed by a company close to Ayatollah Khamenei.
It’s time to be a greedy landlord amid India’s rental housing demand boom
In Mumbai Metropolitan Region and Bengaluru, there has been a rise by 15-20% each in residential rentals as compared to pre-Covid period of 2019. In NCR, there has been a 10-15% rise in the period, …
Qatar housing rents surge on World Cup demand but will fall in 2023
Housing rents in Qatar have surged due to a spike in demand ahead of the World Cup 2022 but are expected to fall again next year, according to a report. As of June this year, apartment rent increases …
Wyndham continues expansion in Qatar with beachfront property in Doha
Conveniently located just 500m from the City Centre Doha Mall and 600m from the DECC metro station, Wyndham Grand Doha West Bay Beach is the closest beachfront hotel in the prestigious West Bay area.