Accor’s presence in Japan is set to double while hotel openings gain momentum throughout the region. With travel and tourism surging once again on a global scale, countries such as Japan, Singapore, …
China is grappling with slumping growth, a property crisis and debt woes – the next jolt could come from the yuan hitting a 16-year low
A plunging yuan could spook international investors at a time when China’s floundering economy needs increased global support.
Foreigners buying property: Approval required for ‘Commercial & Residential’ zone
The government has announced changes to the Residential Property Act, which will affect foreigners buying property. What are the changes?
Chinese property firm Country Garden’s bonds, stocks slump amid repayment worry
Bonds and stocks of major Chinese property developer Country Garden fell on Friday, as investors became increasingly concerned about its finances and repayment ability.The slide in Country Garden’s …
What does a weaker US dollar mean for foreign buyers of UAE property?
With the UAE dirham pegged to the greenback, the weakening US dollar is leading to an increase in foreign property buyers in the Emirates, according to analysts.
UAE Property: ‘My lease expired but the landlord is silent on renewal’
Question: I have been renting an apartment in Abu Dhabi for a year now. My current lease expired last week, but nobody from the property management company has contacted me to renew it. I believe the …
Dubai real estate: $2.7bn of transactions this week
The Dubai real estate sector saw 3,030 land and property transactions valued at AED10bn ($2.7bn) this week, according to Land Department data. The land department said that 378 plots were sold for …
US does not know current location or ‘condition’ of soldier who fled to North Korea
The United States is not aware of the location or well-being of the American soldier who fled to North Korea earlier this week, the White House said Thursday. Travis King, a Private 2nd Class in …
NEOM announces Hotel Indigo in Oxagon, Saudi Arabia to open in 2026
NEOM announces IHG’s first NEOM property with Hotel Indigo to open in Oxagon NEOM announces Hotel Indigo in Oxagon, Saudi Arabia to open in 2026 IHG, IHG Hotels and Resorts, NEOM, Oxagon, Saudi Arabia …
Thailand’s Move Forward steps aside for Pheu Thai to form government
Pita Limjaroenrat, the leader of Move Forward, was thwarted by rival lawmakers and an unelected, pro-royal Senate in his bid for the premiership. After he was unable to win the backing of at least …