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Posted on July 12, 2023

Real estate agents advised to ramp up anti money laundering measures

The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka organized an awareness programme for the real estate sector on ‘Anti-Money Laundering and Countering the Financing of Terrorism …

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Posted on July 12, 2023

Occidental Eden Beruwala elevates Sri Lanka’s coastal resort scene to global standards

Occidental Eden Beruwala is the latest addition to the Barceló Hotel Group portfolio in Sri Lanka. Formerly known as Eden Resort and Spa, Beruwala, Occidental Eden Beruwala is owned by Browns …

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Posted on July 12, 2023

Property legal fees to rise

Starting Satur­day, most legal fees for conveyancing transactions in Penin­sular Malaysia will be increased due to a revision in the law to allow lawyers to cope with hikes in operating costs.

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Posted on July 12, 2023

Former Army soldier charged with stealing military Humvee, crashing into Fort Stewart building

An Army veteran has been arrested and charged after allegedly stealing a military Humvee and crashing it into an office building Monday at Fort Stewart, Georgia.

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Posted on July 12, 2023

Hong Kong Investment Property Transactions Drop to 19-Year Low

Hong Kong saw sales of commercial real estate and residential buildings fall to a 19-year low in the second quarter as high interest rates took a toll on investment property transactions.

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Posted on July 12, 2023

Two Hong Kong mansions sold at $25 million discount as property market slumps

Two Hong Kong mansions located at the Peak have been sold for a combined HK$560 million ($71.5 million), about HK$200 million less than the asking price, according to a local newspaper. The homes are …

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Posted on July 12, 2023

Boutique Hotels construction begins at Bilaj Al Jazayer

Edamah has commenced its BD4 million essential work program at the Bilaj Al Jazayer mix-use development site, which comprises the first stage of the development …

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Posted on July 12, 2023

Most Gulf markets in black ahead of US inflation data; Egypt eases

Most stock markets in the Gulf ended higher on Wednesday, as traders awaited a crucial U.S. inflation reading to determine whether the Federal reserve is at the end of its rate hike cycle.

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Posted on July 12, 2023

Palestine rejects Israel’s new settlement plan, condemns US for not initiating a peace process

Palestine rejects Israel’s new settlement plan, condemns US for not initiating a peace process. The peace process has been stalled since 2014, and Israel’s settlement policy has gone against Palestine …

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Posted on July 12, 2023

Dubai records property deals to the tune of over $870 million on Tuesday

Tuesday’s deals included 650 sales transactions worth AED2.55 billion, 83 mortgage deals of AED578.62 million, and 40 gift deals amounting to AED64.04 million Dubai records property deals to the tune …

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