News / Global

Property Deals Hit 8-Month High in Hong Kong

Authorities start opening land borders between China and Hong Kong as of January 8th after the cancelation of China’s zero-Covid policy.

Home Prices in UK Likely to Drop 8% YoY in 2023

Director of Halifax Mortgages, Kim Kinnaird, notes that the impact of the economic environment on the housing market will continue.

Chinese Property Companies Raise 33.4% YoY More Finance in December

The People's Bank of China states earlier this month that the floor on mortgage rates can be lowered or abolished for first-time home buyers in phases, in the case of cities where the selling prices of new homes fall on a monthly or yearly basis for three consecutive months.

Home Prices’ Growth Slows Down in Singapore During Q4 2022

According to data released by the Urban Redevelopment Authority (URA), home prices in Singapore inch up 0.2% YoY in Q4 2022, the worst quarterly data in the year.

India to Lead Global Demand for Steel in 2023

The forecast flourishing of Indian demand for steel, coupled with the decelerated demand in China caused by the surge in Covid cases, position India as a savior of the global demand for the metal.

100 Chinese Cities Report Lower Home Prices in December

Prices fall MoM in 68 cities in December, up from 57 cities in November.

Tanzanian President Greenlights 1st Fill of Julius Nyerere Dam’s Reservoir

The closure of the tunnel comes after the completion of the water-impounding works by a joint venture between Arab Contractors and Elsewedy Electric.

Euromoney Egypt Conference to Kick Off December 7th in Cairo

The event sheds light on Egypt’s economic conditions in 2022 and 2023, including the performance of the Egyptian pound and the country’s shift towards sustainability and green energy.

Egypt pens $83 Bn Framework Agreements for Green Hydrogen, Ammonia Plants

These facilities, collectively, are set to produce up to 7.6 mn tons of green ammonia and 2.7 mn tons of hydrogen a year when fully operated.

ACROW MISR Represents Egypt in Germany’s bauma for 5th time

ACROW MISR for formwork and metal scaffolding was the only Egyptian company to participate in this huge event.

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