The Pearl Real Estate Investment Fund (The Pearl REIF), the biggest Shariah-complaint fund of the Sultanate of Oman, has announced the opening of its initial …
Stirling completes first phase of Oman mixed-use development
Stirling Hospitality Advisors (SHA), one of the leading boutique advisory institutions in the region and a subsidiary of Ras Al Khaimah (RAK) Hospitality Holding, has announced the completion of Phase …
Kingdom’s first green bond gets gov’t okay
The government has agreed in-principle to allow Golden Tree Co Ltd (GT) to list an approximately $3 million “green bond” on the Cambodia Securities Exchange (CSX) that has been certified as compliant …
UAE projects market hits $3.7b in Q3; overtakes Saudi as construction sector rebounds
In the UAE, the construction sector once again accounted for the biggest pie of new project awards, representing 59.7 per cent of total projects in Q3-2022 …
4 Dead In Fire At Iran’s Notorious Evin Prison As Protests Continue
A fire broke out at Iran’s Evin prison—known for housing anti-government activists and political prisoners—over the weekend, killing at least four people and injuring more than 60, state media outlets …
The story of Japan’s economy — Deflation and economic stagnation
In the second installment in this series publish last week, we talked about how Japan generated immense wealth during the years 1967 to 1989.
Quaid-e-Azam University land grab—In Pakistan, public good is sacrificed in blink of an eye
A govt agency has now seized land in the middle of Islamabad’s oldest university. Pakistan’s future is bleak if no one cares about education and public property.
China is facing a full-blown debt crisis with $8 trillion at risk as Xi Jinping eyes an unprecedented 3rd term
A mounting level of local debt in China poses another threat to an already-slowing economy, as Xi Jinping settles in for a third term.
How Singapore and Hong Kong’s property cooling measures differ
Recent measures in Singapore aim to slow pace of price increase for resale HDB flats, while Hong Kong has stuck to its policies despite home prices being in the midst of a five-year low.
China’s Xi Jinping says determined to oppose Taiwan independence, talks up security at congress opening
BEIJING: Chinese President Xi Jinping on Sunday (Oct 16) touted the fight against COVID-19 while calling for the acceleration of building a world class military as he opened the twice-a-decade …