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China’s real estate frenzy is back as Shenzhen prices surge 50%

BEIJING / Bloomberg After getting burned by the bursting of China’s stock-market bubble, Liu Yihui is seeking salvation from the country’s latest investment mania: big-city properties. The 35-year-old civil engineer dumped his equity holdings after losing 40 percent last year, using the proceeds to buy a 5 million yuan ($763,464) apartment in Shenzhen. Prices in the southern business hub have ...

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Real estate market in Dubai looks promising

Abu Dhabi / Emirates Business While reports from developers and analysts indicate Dubai’s real estate market is down, experts on the ground are confirming transactions are up and the state of the market is in line with expectations. Figures released by Allsopp & Allsopp, one of the UAE’s leading property agents, show transactions for 2016 are up 18 per cent ...

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CEMC to address critical aspects of emergencies

Abu Dhabi / Emirates Business Themed ‘Innovative approaches for a safe nation’, the upcoming ‘Crises and Emergencies Management Conference (CEMC)’ with a host of local, regional and international experts and specialists in attendance, will discuss critical aspects and sensitive topics that are closely linked to events and developments witnessed on the Arab and international stages. Being organised under the patronage ...

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