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MENA

Why Dubai’s current real estate boom is here to stay

Knight Frank official says buying patterns point towards genuine end users rather than speculative investors

Updated 20 Nov, 2024 05:34pm

Real Estate

Country Garden submits offshore debt restructuring plan to creditors, sources say

HONG KONG: China’s Country Garden submitted the preliminary terms of an offshore debt restructuring proposal to some...

Published 18 Nov, 2024 11:54am

Real Estate

Shanghai will reduce real estate transaction taxes to boost demand, state media says

BEIJING: Shanghai said on Monday it would reduce some taxes on real estate transactions from Dec. 1, according to...

Published 18 Nov, 2024 11:09am

Real Estate

18 Park Residence: groundbreaking ceremony held in Lahore

LAHORE: A groundbreaking ceremony was held to mark the launch of 18 Park Residence, a pioneering residential...

Published 31 Oct, 2024 07:17am

Real Estate

China new home prices rise more slowly in August, survey shows

BEIJING: Prices of new homes in China rose at slower pace in August, a private survey showed on Sunday, as the...

Published 01 Sep, 2024 11:01am

Real Estate

Dubai shows strongest rental growth in first half of 2024: Savills

Dubai led a list of 30 markets that had the strongest rental growth during the first half of 2024, underscoring the...

Updated 31 Jul, 2024 03:41pm

Real Estate

From textile to real estate: Saleem Karsaz’s path to success in Dubai

DUBAI: Dubai’s allure has long been a magnet for entrepreneurs and investors worldwide, and for Pakistani-born...

Updated 22 Jul, 2024 10:21am

Middle East

Dubai’s high-end property sales undented by drop in listings, consultancy says

DUBAI: The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the...

Published 08 Jul, 2024 10:09am

Real Estate

China’s property measures give sales a boost, but only in big cities

BEIJING/HONG KONG: China’s latest property support measures have boosted transactions in its biggest cities, but...

Published 18 Jun, 2024 10:43am

Real Estate

Changing landscape of real estate

The real estate market refers to the buying, selling, and renting of properties, including residential, commercial,...

Published 14 Jun, 2024 04:33pm

Real Estate

Country Garden’s Hong Kong liquidation hearing further adjourned to July

HONG KONG: Embattled Country Garden said in a filing on Thursday the Hong Kong High Court had further adjourned a...

Published 06 Jun, 2024 11:22am

Real Estate

Country Garden looks to sell CXMT stake for $276mn, Bloomberg News reports

Debt-laden property developer Country Garden’s venture capital arm is looking to sell its stake in Chinese chipmaker...

Published 31 May, 2024 11:11am

Stocks

Shares of China Evergrande’s EV unit soar after liquidators’ stake sale deal

HONG KONG: Shares of China Evergrande New Energy Vehicle Group more than doubled on Monday as trade resumed after...

Published 27 May, 2024 10:20am

Business & Economy

Brokerage houses see Pakistan’s headline inflation falling below 14% in May

Two brokerage house said they see CPI-based inflation reading to post a steep decline, and hover around 13-14% in...

Updated 21 May, 2024 08:57pm

Real Estate

Chinese property developer Country Garden’s Hong Kong liquidation hearing adjourned

HONG KONG: A Hong Kong court adjourned to June 11 a hearing of a petition on Friday seeking liquidation of Country...

Published 17 May, 2024 11:11am

MENA

‘Dubai Unlocked’: Pakistanis own properties worth $11bn in emirate city, report says

Pakistanis, including ex-government officials, political figures, bureaucrats, and sanctioned individuals own...

Updated 14 May, 2024 11:20pm

Real Estate

UBL to build regional office at Naya Nazimabad

KARACHI: United Bank Limited (UBL) - a leading bank of Pakistan, has acquired a 14,092 sq. yards commercial plot in...

Updated 14 May, 2024 06:13am

Real Estate

China’s Country Garden aims to pay missed coupons by next week

HONG KONG: Embattled Chinese property developer Country Garden said it was unable to pay two onshore coupons due on...

Published 09 May, 2024 12:27pm

Companies

TPL REIT Fund I: CEO Ali Asgher says optimistic about IPO’s prospects

KARACHI: Ali Asgher, CEO of TPL REIT Management Company Limited (RMC) Ltd, expressed confidence that the Initial...

Published 02 May, 2024 04:58am

Real Estate

US spending on London real estate rebounds to highest in eight years

LONDON: US investors are buying up London commercial property at the fastest rate in eight years, data compiled by...

Published 01 May, 2024 10:13am

Real Estate

Chakor Ventures unveils 60-40 payment model for Citadel 7 Project

Chakor Ventures, a leading name in Pakistan’s real estate industry, is proud to introduce an unprecedented payment...

Published 29 Apr, 2024 03:26pm

MENA

Dubai’s high-end property sales rise on overseas demand

DUBAI: Sales of homes in Dubai worth $10 million or more rose 6% in the first quarter versus last year, an industry...

Published 16 Apr, 2024 12:07pm

Real Estate

China’s new home prices decline at fastest pace since 2015

BEIJING: New home prices in China fell at their fastest pace in more than eight years in March as the debt woes of...

Published 16 Apr, 2024 12:03pm

Real Estate

Shares in Chinese developer Country Garden suspended in Hong Kong

HONG KONG: Trading in debt-ridden Chinese property developer Country Garden was suspended in Hong Kong Tuesday, days...

Published 02 Apr, 2024 02:09pm

Real Estate

China’s new home prices rise at fastest pace in over 2-1/2 years, survey shows

BEIJING: New home prices in China rose at the fastest pace in more than two and a half years in March versus a month...

Published 01 Apr, 2024 10:38am

Real Estate

China’s Country Garden hires Kroll to carry out liquidation analysis, sources say

HONG KONG/SYDNEY: Country Garden has hired Kroll to carry out a liquidation analysis ahead of a court hearing in...

Published 27 Mar, 2024 01:55pm

Real Estate

German property lenders see slight pickup in financing in 2024

FRANKFURT; German property lenders are forecasting a slight revival in real-estate financing this year after a sharp...

Published 27 Mar, 2024 01:52pm

Real Estate

China’s Feb new home prices extend declines

BEIJING: China’s new home prices dropped for an eighth straight month in February, official data showed on Friday,...

Published 15 Mar, 2024 11:07am

Real Estate

Evergrande chairman’s second seized Hong Kong mansion put up for sale

HONG KONG: A second mansion in Hong Kong that once belonged to China Evergrande Group’s chairman has been put up for...

Published 01 Mar, 2024 10:19am

Real Estate

Country Garden faces winding-up petition in Hong Kong

HONG KONG: A petition to wind up debt-hit Country Garden has been filed in a Hong Kong court, the company said...

Published 28 Feb, 2024 12:32pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 20	278.13
USD PKR Interbank Buying / Nov 20	277.93
USD to Japanese Yen / Nov 20	154.96
USD to Swiss Franc / Nov 20	0.88
Pound Sterling to USD / Nov 20	1.27
Euro to USD / Nov 20	1.06

Stock	Volume
S&P 500 / Nov 20	5,917.11
India Sensex / Nov 20	77,578.38
Tokyo Nikkei / Nov 20	38,072.42
Nasdaq / Nov 20	18,966.14
Hang Seng / Nov 20	19,668.80
FTSE 100 / Nov 20	8,085.07
Dow Jones / Nov 20	43,408.47
Germany DAX 30 / Nov 20	19,004.78

Item	Value
Crude Oil USD/Barrel / Nov 20	68.87
Karachi Cotton PKR/37.32 KG / Nov 20	17,885
Gold 10 Grams PKR / Nov 20	238,940
Gold Spot USD/Ounce / Nov 20	2,655.46
Cotton US¢/pound / Nov 20	70.41
Petrol/Litre / Nov 21	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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