Al-Futtaim Engineering & Technologies will supply and install 31 Hitachi elevators at Deyaar’s Midtown project.
Exhibitors at Cityscape Abu Dhabi, the UAE capital’s leading property investment and development event, have identified the emirate’s emerging trend for affordable luxury housing to solve a prevailing disconnect between developer preferences and buyer demand.
Azizi Developments, one of the leading private developers in the UAE, has recorded a sell-out response to its highly sought-after properties in Al Furjan, Dubai’s high-growth corridor with superb connectivity to the entire city.
Singapore investors are betting big on Indian commercial real estate and other new sunshine sectors, including logistics and warehousing. Major Singapore-based private equity firms are funnelling billions of dollars into the country’s real estate sector, particularly in South Indian cities.
India’s benchmark index Sensex traded near its life-time highs on Friday after signs of easing in US and China trade tension. The Sensex hit an intraday high of 41,030.92, which is a little over 100 points away from a record high of 41,163.79.
Australia’s Qantas Airways picked Airbus over Boeing as the preferred supplier for jets capable of the world’s longest commercial flights from Sydney to London, dealing the US planemaker its latest setback this year.
Germany’s Delivery Hero has agreed to buy South Korea’s top food delivery app operator Woowa Brothers for $4 billion and form a joint venture (JV) to take on heavyweights like Uber Eats in other fast-growing Asia markets.