Breaking Property News news Breaking Property News news Rss feed

  • Work starts on creation of new Dubai island Work starts on creation of new Dubai island

    Work began on Monday on the development of a man-made island in Dubai, 500 metres directly opposite the Jumeirah Beach Residence complex. To be known as Bluewaters Island, the new development will house five star hotels and resorts, al fresco dining and entertainment zones, and residential apartments and villas. The focal point of the island city, which will cost $1.6 billion, will be a 688 ...

  • Australian construction industry to see slow recovery

    The Australian building and construction industry will see a mixed recovery over 2015-16 after a number of challenging years, according to Master Builders Australia (MBA) forecasts released Monday. While the forecasts predict a positive growth for the industry, MBA reports that the current economic climate is creating headwinds that may impede the timing and strength of recovery. There's light ...

  • Social costs of property price curbs are unaffordably high

    Following Singapore's example, the Hong Kong SAR government started imposing a Special Stamp Duty (SSD) in September 2010. Initially SSD was charged as a levy of 5 percent to 15 percent on the resale price of residential property, depending on whether the resale was within the first or second year. Resales of units beyond the first two years were exempt. On Oct 26, 2012 the government ...

  • Kharafi awarded $930m in damages for Libyan project cancellation

    Kuwaiti group M A Kharafi and Sons has been awarded $930m in damages in arbitration proceedings via the Arab League from Libya for the cancellation by former leader Muammar Gaddafi's of the construction of a vacation resort, Reuters has reported. The Kuwaiti group signed a contract in 2006 with late leader Gaddafi's government to build the resort in Tripoli, which would have included ...

  • Dar Al Arkan planning a series of sukuk to fund projects

    Saudi Arabia's Dar Al Arkan Real Estate Development Co has unveiled plans to sell dollar-denominated Islamic bonds to fund projects, Bloomberg has reported. The issue would be the first of a series over the next 12 months, the company ...


clear
Beijing Weather
15°C Clear
Winds: From the NNE at 2 MPH
Wed
mostlycloudy
33° 14°
Thu
partlycloudy
27° 15°
Fri
partlycloudy
30° 17°
Last Updated on May 21, 5:30 AM CST
Weather sourced from Weather Underground

Movie Review

Thirteen Days [DVD]

Thirteen Days [DVD]

In a lean, tense two and a half hours, Roger Donaldson's Thirteen Days tells the story of the inner workings in the White House during the Cuban Missile Crisis, one of the most severe political moments of the 20th century and likely the closest the world has ever come to engaging in actual nuclear exchange. The script by David Self condenses and dramatizes some 23 hours of recorded mee ... ...

On Facebook

  • Saudi Arabias MMG picks advisor for debt restructuring

    The investment banking arm of Gulf International Bank has been appointed by Saudi contractor Mohammad Al Mojil Group (MMG) to advise it on a restructuring of its debts, Reuters has reported. MMG Group has been in financial difficulty for some time, with shareholders rejecting a plan to liquidate the company in November after its accumulated losses exceeded 75% of its capital at the end of the ...

  • Unknown Mathematician Proves Elusive Property of Prime Numbers

    On April 17, a paper arrived in the inbox of Annals of Mathematics, one of the discipline's preeminent journals. Written by a mathematician virtually unknown to the experts in his field -- a 50-something lecturer at the University of New Hampshire named Yitang Zhang -- the paper claimed to have taken a huge step forward in understanding one of mathematics' oldest problems, the twin ...

  • Teen invents superfast cell phone charger

    A California teen's invention could potentially knock down cellphone-charging time to a superfast 20 seconds. So far, the energy-storage device has powered only an LED light, but it has the potential to do much more. The future certainly looks bright for 18-year-old Eesha Khare, who pocketed a $50,000 prize for the Young Scientist award from the Intel International Science and Engineering ...

  • GEHA contracts for Landmark Office Building

    The Landmark Office building near Interstate 70 and Little Blue Parkway is under contract to the Government Employees Health Association Inc. The Government Employees Health Association Inc. has contracted to buy the 90,000-square-foot Landmark Office Building in Independence, one of the largest Class A buildings in Eastern Jackson County. Richard Miles, president of Lees Summit-based GEHA, said ...

  • MetroNational releases more details of mixed-use Gateway Memorial City project

    Mixed-use retail and office development Gateway Memorial City is nearing completion. Click through for more photos and renderings. Houston-based MetroNational Corp. released more details about its newest Memorial City retail and office project that fronts Interstate 10. The project, called Gateway Memorial City, will be a mixed-use, master-planned development, totaling about 90,000 square ...

More Breaking Property News news