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Real Estate
China sets 5% growth target for ’24
Chinese Premier Li Keqiang announced 2024 economic growth target of around five per cent, pledging to transform the…
Dubai’s Emmar unveils $21b luxury projects
Dubai-based developer Emaar Properties PJSC is investing 96 billion dirhams ($21 billion) to construct two luxury…
China’s Country Garden faces liquidation petition
Chinese developer Country Garden is facing a liquidation petition for non-payment of a $205 million loan, which…
H. Kong lefts property curbs to revive market
Hong Kong announced significant measures to boost its struggling real estate market by eliminating all tightening…
Egypt’s Amer Group turns profitable in 2023
Egyptian real estate company, Amer Group reported on Tuesday a consolidated net profit of 45.9 million Egyptian…
Canada’s Avison Young faces restructuring
Canada’s Avison Young, a commercial real estate firm, is in the final stages of a restructuring process to improve…
UAE’s UDC to build new urban community in Cairo
Egypt's New Urban Communities Authority (NUCA) and the UAE’s UDC, real estate development company, signed a…
Chinese banks issue $17b in whitelist loans
China's housing regulator has given the green light to 123.6 billion yuan ($17.20 billion) in development loans and…
China cuts key mortgage rate to revive market
China announced its largest ever reduction in the benchmark mortgage rate on Tuesday, in an effort to assist the…
Knowledge Economic City, Hilton Worldwide Manage Ltd sign agreement
Saudi Arabia's Knowledge Economic City Company (KEC) and Hilton Worldwide Manage Ltd signed agreements for…