Christian leaders in Jerusalem wrote to the Israeli government last week urging it to prevent the city’s authorities from seizing property owned by the …
Father-son feud and an alleged ‘attempted coup’ rock one of Singapore’s largest property developers
Kwek Leng Beng, the chairman of City Developments Limited, is accusing his son Sherman Kwek, who is the CEO, of “serious lapses of corporate governance”.
Singapore property magnate seeks to oust son in boardroom battle
Kwek family feud between octogenarian chair and CEO offspring leads to share suspension of real estate developer …
Dubai property prices declined in January
The report said the median price in Dubai for apartments was AED1.35m, for townhouses AED2.67m, and for villas AED6.92m. The drop in prices comes against the backdrop of a market that has experienced …
Dubai real estate prices fall for first time in 2 years – is market stabilising?
Dubai real estate prices fell by 0.57 per cent in January 2025, the first decline since summer 2022, signalling a market shift towards stabilisation, according to Property Monitor. While the first …
Hong Kong flags 10,000 civil service job cuts, AI push in bid to reverse huge deficit
Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic uncertainty, …
Hong Kong Looks to Shore Up Economy as Trade Risks Loom
The Asian financial hub will reduce salaries tax and businesses’ profit tax by 100%, subject to a ceiling of 1,500 Hong Kong dollars, said Hong Kong Financial Secretary Paul Chan.
Cyprus property prices stabilise in fourth quarter of 2024
The Cyprus property market displayed stabilising trends in the fourth quarter of 2024, according to the RICS Cyprus Property Price Index by KPMG Cyprus, which tracks real estate price trends across …
Cyprus Business Now: cost of living, Salamis, office properties, CySEC
The Cyprus Borrowers Association (Syprodat) this week released a statement describing the “immediate and effective implementation of measures to tackle high living costs and secure a better future for …
Singapore Billionaire Kwek Leng Beng Sues Son In Battle For Control Of Property Giant City Developments
Real estate billionaire Kwek Leng Beng has disclosed that he has filed a lawsuit in Singapore against his son, Sherman, for control of the family’s crown jewel, property giant City Developments Ltd.