Hilton currently operates 20 hotels in the Kingdom, with another 77 properties in the pipeline, accounting for a quarter of branded hotel rooms under construction in the country – and reaffirming the …
Donald Trump rolls out his own mobile McDonald’s for Saudi Arabia visit
During his state visit to Saudi Arabia, his first since re-entering the White House in January, Trump has been followed around by a portable McDonald’s. A White House official confirmed a mobile …
Ousted Myanmar envoy charged with trespass in London residence row
Myanmar’s ex-ambassador to London has been charged with trespass for refusing to leave his ambassadorial residence, police said Wednesday, after he was stripped of his post by the military junta …
Thai Billionaire’s Frasers Property Offers To Take Hotel REIT Private For Second Time In $1 Billion Deal
Frasers Property first attempted to take Frasers Hospitality private in June 2022 but it failed to garner enough votes from minority shareholders.
Thailand: Frasers Property makes second try to take REIT private in $1 billion deal
The billionaire’s family and Frasers Property already own a little over 60% of the hospitality real estate investment trust’s (REIT) units, and have offered S$0.71 for each unit they do not own.
Turkey cracks down on real estate profiteering post-quake
The Ministry of Commerce in Turkey has imposed stringent fines for unjustified price hikes in real estate following the earthquake in Istanbul. Authorities are urging citizens to report any attempts …
Vietnam Scrambles to Clean House as America Threatens 46% Tariffs Over Counterfeits
Vietnam has recently ramped up its efforts to combat counterfeit goods following accusations from the United States, which has labeled the country a major hub for fake products and digital piracy. In …
Hong Kong property slump hits real estate owned by celebrities and tycoons, including Nicholas Tse and Stanley Ho’s family
Hong Kong’s prolonged property downturn is dragging down the value of real estate owned by celebrities and tycoons, including actor Nicholas Tse and the family of late Macau casino magnate Stanley Ho.
Three years’ jail for Brunei man over theft, damaging government property
The Magistrate’s Court on Tuesday (May 13) sentenced a local man to 36 months’ jail after he pleaded guilty to multiple charges related to the theft and damage of government property at Tenaga Suria …
Secretary of Security Council of Armenia discussed process of deepening economic cooperation with adviser to Prime Minister of India
Secretary of the Security Council of Armenia Armen Grigoryan and National Security Adviser to the Prime Minister of India Narendra Modi Ajit Doval discussed a number of issues on the bilateral agenda, …