Home tax threatens foreign tech talent in Vancouver

  Bloomberg Vancouver’s technology industry is in danger of becoming collateral damage in British Columbia’s push to rein in spiraling home prices. The surprise decision last week to impose a 15 percent levy on overseas property investors may make it even harder for Vancouver to attract foreign talent and reach its goal of becoming a Canadian version of Silicon Valley. ...

Read More »

Million-dollar suburbs soar in wake of Aussie housing boom

  Bloomberg The number of Australian suburbs where homes command a median A$1 million ($762,000) price has surged in the wake of a four-year long housing boom driven by declining interest rates and demand from investors. Suburbs nationwide where the median value is at least A$1 million jumped 29 percent to 613 in the year ended June, and more than ...

Read More »

Mumbai home price recovery is 2 years away

  Bloomberg Home prices in Mumbai may take a couple of years to resume gains amid a glut of unsold properties, according to Indiabulls Asset Management Co., an investor in residential projects. Mumbai’s property sales have been sluggish as prices in India’s most expensive market continue to hover near a record reached in December 2014, crimping affordability and denting demand. ...

Read More »

Minmetals land pays $515mn for Hong Kong Kowloon site

  Bloomberg Minmetals Land Ltd., a Chinese developer, outbid Hong Kong giants Sun Hung Kai Properties Ltd. and Sino Land Co. with an HK$4 billion ($515 million) offer for land in the territory’s Kowloon district. The price works out to about HK$7,058 per square foot of saleable area, according to calculations by Bloomberg News based on figures released by the ...

Read More »

Digital marketing top of the agenda for hoteliers

  Dubai / Emirates Business From a survey of UAE hoteliers, organisers of The Hotel Show Dubai discovered that a strong digital marketing strategy is at the top of the agenda. Undertaken by dmg events to identify which topic would be of the most interest to UAE hospitality industry professionals in an external training course, the results of the survey ...

Read More »

mCarbon picks Dubai as its Mideast hub

  Dubai / Emirates Business mCarbon, India’ leading mobile technology service provider, is the largest supplier of airtime advance and credit in the world and has established itself as a clear leader in the space. The company has chosen Dubai as its Middle Eastern headquarters. With 8 million transactions a day, the product touches almost 400 million subscriptions every month. ...

Read More »

Azizi’s Yasamine Residence complete

  Dubai / Emirates Business Azizi Developments, a leading UAE-based real estate developer with a global reach into many growing international markets, announced on Thursday that it has been awarded its “Certification of Completion” for its residential building, Azizi Yasamine, in Al Furjan, Dubai. Located minutes away from the World Expo 2020 site, the Azizi Yasamine Residence is a 12-storey ...

Read More »

Habtoor hosts fun visit for Dubai’s Family Village kids

  Dubai / Emirates Business In the line with UAEs’ initiative for the care of orphans and minors launched in 2015 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and in support of orphan children. The Habtoor Grand Resort in Dubai hosted children, care-givers and administrative staff ...

Read More »

du’s ‘Ice Age’ surprise for differently-abled children

  Sharjah / Emirates Business du delighted 45 children with disabilities from the Sharjah City for Humanitarian Services (SCHS) in Dubai with a special Arabic premiere of Ice Age: Collision Course at VOX Cinemas in Mirdif City Centre. Regularly engaging fans through its du Tuesday and du Live! platforms, the leading entertainment telco gave the children, accompanied by their parents ...

Read More »

MENA drives LNG demand as glut makes prices attractive

Bloomberg Countries in the Middle East and North Africa led by Egypt, Kuwait and Morocco are boosting liquefied natural gas import capacity, taking advantage of low prices to meet rising energy demand. The region plans to add permanent terminals and temporary, off-shore units that will increase annual capacity by 58.2 billion cubic meters in 2021, energy lender Arab Petroleum Investment ...

Read More »
Send this to a friend