Egypt is set to join the BRICS in 2024. On that occasion, the Egyptian Council of Ministers' Information and Decision Support Center published a report tacking the weight of the bloc in the global economy.
Dubai's red-hot real estate market is attracting more Chinese investors again after pandemic curbs slowed purchases, pointing to sustained demand as prices hit records, Invest-Gate reports.
Goldman Sachs has trimmed its earnings and market forecasts for Chinese stocks, citing renewed concerns over weakness in the country's real estate sector, Invest-Gate reports.
The real estate sector in China contracted again in the second quarter after a short-term expansion in the first quarter, Invest-Gate reports.
The Chinese government has indicated additional economic support measures are forthcoming after taking initial steps to assist the struggling property sector by extending loan relief to developers, Invest-Gate rep ...
Housing regulator explains that Chinese real estate brokerage agencies need to implement reasonable reductions to fees for housing transactions and leasing services to promote healthy sector development, Invest-Ga ...
New home sales in China surge 55.7% month-on-month in March 2023, compared to a growth of 31.9% in the previous month, Invest-Gate reports.
China changes its policies to help the real estate industry including easing financing for developers and taking steps to revive homebuyer demand.
According to the plan, the People’s Bank of China is set to inject ¥80 bn worth of loans at 1.75% interest.
The latest decline comes after weeks of announcing a plan by policymakers to revive the market.
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