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2016: The year of the commodities buyer

A world “drowning in oversupply” of oil and other commodities could make 2016 a super-cheap year for Asia’s major resource importers such as China and Japan. However, the drag on growth for commodity exporters is putting yet more pressure on emerging markets, according to the World Bank. In a January 26 report, the Washington-based lender cut its forecast for crude ...

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First tenants move into Abu Dhabi’s Al Forsan Village

Abu Dhabi / EMIRATES BUSINESS Al Forsan Real Estate welcomed its first group of tenants in ‘Al Forsan Village’. Located in the heart of Khalifa City, the project has 385 villas that are for lease as well as sale. Rent in these villas starts from AED210000. The sale price of a four bedroom villa at Al Forsan Village starts from ...

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Gulf tourists fuel Bosnia luxury sector

Sarajevo /AFP With 360 villas and apartments around an artificial lake, swimming pools, a halal supermarket and a Muslim prayer area, the ‘Sarajevo resort’ is one of Bosnia’s most ambitious residential projects to date. It is one of dozens of real estate ventures in the picturesque hills surrounding the capital of the Balkan country that are specifically targeting visitors from ...

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