Continent Worldwide Hotels, a Turkish franchising and management services company, has signed two hotels in Madina and another property in Al Dammam of Saudi Arabia. These developments represent a …
In a first, Saudi drone to be produced in Turkey
The agreement “shows that the Saudi defense industry is expanding its capacity to develop systems critical to its military capability. It also says that knowledge transfer is a fundamental value for …
The Hill’s Morning Report — Biden juggles Iran, Maui wildfires, inflation
President Biden on Thursday juggled international diplomacy with a U.S. enemy, responded to a tragic national disaster, asked Congress to increase spending for Ukraine, and contemplated House …
Constitution of Pakistan grants full freedoms to minorities
Islam is a religion that grants full freedoms to followers of all faiths. Prophet Muhammad (PBUH) came as blessing for the whole universe. He taught us that we must protect lives, property and honor …
Hyderabad’s real estate skyrockets, property registrations in July up by 26 pc
Data collated by Knight Frank India for its latest report revealed a citywide registration count of 5,557 residential properties, accompanied by 35 per cent YoY increase in the total worth of these …
Country Garden restructuring fears deepen concerns about China property sector
Fears that Chinese property giant Country Garden was preparing for a debt restructuring sent its securities to a record low on Friday and deepened concerns about the property sector outlook in the …
China property giant Country Garden warns of up to $7.6bn loss
Country Garden, which is one of China’s biggest property developers, has warned that it could see a loss for the first six months of the year of up to $7.6bn (£6bn). The announcement is the latest …
China Real Estate Troubles: Country Garden hits record low after profit warning as debt fears loom
CNBC’s Eunice Yoon joins ‘Squawk on the Street’ from Beijing with the latest news.
Hong Kong Foreclosures Surge Most in Five Years, Centaline Says
Hong Kong July foreclosures surged the most in more than five years, as higher rates pinched homeowners’ ability to pay mortgages, according to Centaline Property Agency Co.
Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default
One of China’s biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country’s embattled real estate …