Dubai / Emirates Business Dubai real-estate developer Azizi Developments has announced the launch of Royal Bay Residence, an exclusive collection of 90 fully serviced luxurious residential apartments situated on the crescent of Palm Jumeirah, next to Anantara Hotel. The new project is part of company’s Dh4.5 billion development plan to build thousands of flats in Nakheel’s Al Furjan project and ...

Beijing / Bloomberg China’s stocks slumped by the most in a month after money-market rates jumped. The Australian dollar fell on concern investment is weakening while oil resumed declines and gold advanced. The MSCI Asia Pacific Index of shares halted two days of losses, while China’s equities slumped as concern increased that recent gains were overdone relative to the outlook ...

New Delhi / AFP India’s government is expected to deliver on promises to overhaul the tax regime and ramp up public spending in its budget on Monday, as Prime Minister Narendra Modi bids to shore up his sagging reputation as a reformer. The business-friendly premier came to power almost two years ago with promises to overhaul Asia’s third-largest economy and ...