No matching items found
A media poll of economists had pointed to a monthly fall of 1.0% and an annual rise of 2.8%. File poto
Britain's house prices fell by the most in more than 11 years in May as the coronavirus crisis hammered the market, mortgage lender Nationwide said on Tuesday.
Nationwide said its measure of house prices fell by 1.7% last month from April, the biggest decline since February 2009.
Dubai Chamber members trading in Asian markets remain resilient
Automobile industry in India may take six years to recover
In annual terms, prices rose by 1.8%, slowing from 3.7% in April.
A Reuters poll of economists had pointed to a monthly fall of 1.0% and an annual rise of 2.8%.
Britain officially entered recession in the second quarter after gross domestic product (GDP) contracted by 2.2 per cent in the first three months of the year. The technical definition of a recession is two quarterly contractions in a row.
Infections have been reported in 210 countries since the first cases were identified in China in December last year and British aid minister Anne-Marie Trevelyan said assisting the poorest nations now would help prevent the virus returning to the United Kingdom.
With a total of 75,011 deaths from 909,673 infections, Europe is the hardest-hit continent in the COVID-19 pandemic, which has killed at least 109,133 people worldwide. Europe's most affected country is Italy with 19,468 deaths, followed by Spain with 16,972, France with 13,832 and Britain with 9,875.
The United Kingdom left the bloc at the end of January, but EU law still applies until the end of a post-Brexit transition period, and would normally restrict state subsidies.
Known as a leading high-end real estate developer shaping the landscape of Dubai, and in particular Frond G on the Palm Jumeirah, Alpago Properties has now just recorded the biggest villa sale in the UAE’s real estate sold through their exclusive broker B1 Properties and was designed by SOATA and CK Architecture.
The balance sheet of the Central Bank of the UAE rose to Dhs495.54 billion in July, a year-on-year increase of 4.2 per cent or Dhs19.93 billion, compared with Dhs475.61 billion in July 2021.
Enhancing the capabilities of its four-square-kilometre integrated waste management complex, BEEAH Recycling, the pioneering waste processing and material recovery
The UAE’s National ICV Programme has been expanded to encompass Ras Al Khaimah and Fujairah as part of the country’s efforts to support domestic companies