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Posted on November 2, 2023

Readers sound off on Israel’s strategy, the Fonz and Trump’s properties

Voicer Michael Abbey’s partial history lesson in the Voice of the People, while omitting the relevant fact that none of the noted “statehood offers” were evenhanded, …

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Posted on November 2, 2023

UAE Property: ‘Can my new landlord raise the rent by 50%?’

Question: I am a tenant in Dubai and my rent contract expired on September 24.On September 20, I received an email from a property management company to visit their office in Dubai for contract …

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Posted on November 2, 2023

OMNIYAT launches ORLA Infinity, Dorchester Collection, Dubai on Palm Jumeirah

Located at the pinnacle of Palm Jumeirah’s crescent, this upcoming property complements OMNIYAT’s ORLA, Dorchester Collection, Dubai, providing residents with a serene luxury living experience.

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Posted on November 2, 2023

S. Korea, Hong Kong to boost cooperation on fight against drug, financial crimes

Customs agencies of South Korea and Hong Kong have agreed to enhance cooperation on their responses to drug trafficking and financial crimes, officials said Thursday. Commissioner of the Korea Customs …

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Posted on November 2, 2023

UPDATE 1-Vietnam property developers still struggling to repay debt – S&P Global Ratings

Aggregate residential sales in Vietnam are forecast to contract by 15%-20% this year, following 25%-30% growth last year, as property developers struggle to repay debt, S&P Global Ratings said on …

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Posted on November 2, 2023

Apollo, Ares Lead Private Credit Fund Push Into India Property

A push to build cities for the world’s most populous nation is attracting private credit investors to India just as troubles in China’s property sector weakens the appeal of investments there.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace,

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Posted on November 2, 2023

Accor, a Global Hospitality Leader, Announces the Launch of its 24th Novotel Property in India

Novotel Jaipur Convention Centre opens its doors to welcome guests in the Pink CityPresenting a ‘Space for Spectacular’, the 226 Keys hotel, along with an ultra-grand convention venue, is all

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Posted on November 1, 2023

Kennedy-Wilson GAAP EPS of -$0.66 misses by $0.74, revenue of $141.3M

Q3 GAAP EPS of -$0.66 misses by $0.74. Revenue of $141.3M (+1.2% Y/Y). Adjusted EBITDA Totals $33 million (vs. $166 million in Q3-22) Driven by Unrealized Fair Value Declines in its Co-Investment …

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Posted on November 1, 2023

Galfar wins $137m Oman road dualisation contract

Oman-based Galfar Engineering & Contracting said it has secured a major contract worth RO53 million ($137 million) for road dualisation work linking Al Ansab and Al Jafnain roads in Seeb region. The …

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Posted on November 1, 2023

Aldar rakes in $844m as first two phases of Dubai project sell out on strong demand

Aldar Properties, Abu Dhabi’s biggest listed developer, generated Dh3.1 billion ($844 million) from the sale of 786 villas and townhouses as the first two phases of its Dubai residential project sold …

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