Saudi Arabia’s stock market rose sharply on Wednesday, with all its banks gaining amid advancing oil prices on positive news from China’s services sector, while Egypt’s index ended lower as most of its blue-chip stocks dropped. Oil prices were up boosted by a wider market pickup, after three days of losses on lingering concern about[…]
Global Economic Uncertainty Weighs on Housing Markets Home values across 56 countries appreciated at a modest 3.4% in the year through June. Read More BY THE NUMBERS TRENDING TODAY LISTING OF THE DAY A West Village Row House That’s Been Recently Renovated Near the Hudson River in ritzy West Village, this three-story house offers quiet[…]
* Saudi index sees biggest gain in nearly 3 months * All Saudi lenders ended higher * In Egypt 23 of thirty stocks slide * Emirates NBD extends gains on foreign ownership * Qatar ends four-day winning streak By Ateeq Shariff Sept 4 (Reuters) – Saudi Arabia’s stock market rose sharply on Wednesday, with all[…]
Sept 4 (Reuters) – The Saudi stock market rose in early trade on Wednesday in a boost mainly from financial stocks and a recovery in oil prices, while Dubai extended losses on falling bank and property shares. Oil prices recovered some ground, having touched their lowest in close to a month in the previous session[…]
AUSTRALIA Central bank holds rates The central bank yesterday kept its interest rates at historic lows, despite weaker-than-expected growth and global trade fears. Reserve Bank of Australia Governor Philip Lowe said the cash rate would remain unchanged at 1.00 percent, but the board would “ease monetary policy further if needed.” The bank had already cut[…]
Hong Kong Unrest Has High Net Worth Seeking Safer Havens Globally Countries offering visas in exchange for property investment are among the places residents are considering. Read More BY THE NUMBERS TRENDING TODAY LISTING OF THE DAY A West London Period Home With Modern Amenities and Lots of Space The family-friendly residence features a large[…]
Cityscape Global, the gateway event for real estate investment which opens in Dubai World Trade Centre this month, will underline attractive real estate opportunities created by the emirate’s increasingly mature investment environment. The emirate remains relatively affordable on a global basis, according to international real estate consultancy Knight Frank. Dubai is fast becoming a key hub[…]
Dubai’s real estate sector has shown signs of a revival, as property prices picked up in select areas as residents opt for ready-to-move-in properties by availing the rent-to-own option as well as convenient payment plans offered by the financial institutions and developers, expert say. Analysts and property brokers said that there is a demand for[…]
ABU DHABI, (UrduPoint / Pakistan Point News / WAM – 03rd Sep, 2019) A UAE newspaper commented editorially on the recent establishment of a Higher Real Estate Planning Committee in Dubai, saying the move once again “highlights the foresight and prudence of the leadership in anticipating the impending obstacles and correcting the course to avoid[…]
DUBAI – Dubai set up a real estate planning commission on Monday to regulate projects and avoid competition between semi-government and private firms, its ruler Sheikh Mohammed bin Rashid al-Maktoum announced on his website and Twitter account. Dubai has traditionally encouraged open, competitive business but heavy oversupply in the property market, an important sector of[…]
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