The UAE banks’ exposure to the real estate and construction sector fell as a percentage of total gross loans by 86 basis points (bps) quarter on quarter (QoQ) to 16.7% from 17.6%, according to a …
Arizona government retiree fund benefiting from UAE alfalfa farm
The retirement system committed $175 million to a trust that invests in farmland across the U.S., including the property in Wenden.
Vietnam’s industrial property needs to keep up with new investment wave
As a new wave of foreign funds flows into Vietnam, the nation’s industrial property segment needs to adapt to satisfy the demand.
Christian Churches and Property Attacked by Muslim Mob in Pakistan
Christian churches and properties in Pakistan were attacked by a Muslim mob over blasphemy allegations. The vandalism occurred in Jaranwala after a Christian boy was accused of desecrating the Quran.
Hong Kong Perpetual Bonds Slump in Sign of China Property Contagion
Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years, a sign of contagion from China’s property sector woes.Most Read from …
China Rolls Out Major Mortgage Easing for Homebuyer Support
China unveiled further mortgage easing policies to bolster its residential property market in an attempt to support economic growth.
Bank of East Asia, China Construction Bank earnings marred by rise in bad loans to mainland’s distressed property sector
China’s worsening property crisis saw bad loans rise at Bank of East Asia and China Construction Bank, which tarnished otherwise decent first-half earnings.
‘Silent threat’: Bahrain to build walls against rising sea
Manama (AFP) – Already battling extreme heat, Bahrain is scrambling to ward off another environmental threat: rising seas that could swallow parts of its coast, the island nation’s oil and …
A golden party for Kerala’s first five-star hotel that put Kovalam on the international tourist map
At Leela Raviz Kovalam, NRI industrialist Ravi Pillai celebrated the 50th anniversary of the iconic hotel. Guests shared nostalgic stories of the resort’s transformation from a sleepy fishing village …
Investcorp buys low-rise office complex near San Antonio airport
Bahrain-based Investcorp bought a 10-building office complex near the San Antonio airport from Los Angeles-based Omninet Capital.