A vehicle drives past residential buildings in Mumbai, India. Reuters
Revival in auto sales seems to be in the waiting for now, as domestic sales declined for the eighth consecutive month in June. The decline in demand is attributed to the rise in cost due to newly-implemented safety norms, along with a liquidity crunch.
India’s commercial real estate supply will continue gain momentum in 2019 on the back of vastly increased interest from private equity (PE) players who are actively pumping in funds into this segment.
India’ half yearly realty report findings establish that office space market experienced decadal high (half yearly) volume in supply and transactions in H1, 2019.
Lee Kun-hee, South Korea’s richest person and chairman of Samsung Electronics Co, died on Sunday, leaving behind considerable assets subject to be potentially inherited by his surviving family as well as inheritance tax.
Commercial Bank of Dubai, one of the leading financial institutions in the UAE, entered into a partnership with Al Fardan Exchange, the leading exchange house in the UAE, to be a channel partner for issuing and topping-up
Dr. Thani Bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade - following his appointment as new Deputy Chairman of the Board of Directors of Etihad Credit Insurance (ECI) - visited ECI’s branch in Dubai.