Manama / EMIRATES BUSINESS Bahrain’s stock exchange has established a market for real estate investment trusts (REITs), it said. Under the plan, REITs licensed by the central bank can be listed and traded by investors in the secondary market. The details of the market and the trading mechanism of REITs will be announced later, the statement said. While REITs are ...

Bloomberg Philippine builders are adding the most office space in Manila in at least 26 years, catering to companies such as American Express Co. and International Business Machines Corp. that are outsourcing more jobs to the Southeast Asian nation. About 710,000 square meters of office space will be built in the Philippine capital this year and more than 780,000 square ...

RITIKA SHARMA / Emirates Business Hotels and airlines are not the only industries gearing up to reap rich dividends out of Dubai Expo 2020. The much-awaited event is expected to give a push to Car rentals as well. Vehicle rental companies across the UAE are pulling up their socks to cater to the huge demand for rented transportation options that ...