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China Unveils Raft of Measures to Stabilize Property Market

The People’s Bank of China and the National Financial Regulatory Administration rolled out a wave of policies to stabilize the real estate market.

The mortgage rates for first homes, second homes and more are required to be reduced no lower than 30 b…

Alef Group launches AED2.5 billion Olfah project

SHARJAH: Alef Group, the leading real estate development company in the Emirate of Sharjah, has announced the launch of its latest residential project, Olfah. Positioned as the development with Sharjah’s largest private community park, the AED2.5 bill…

Saudi Unemployment Rate Falls 3.3% in Q2 oF 2024

Saudi Arabias overall unemployment rate fell 3.3% in the second quarter of 2024, a 0.2-percentage point drop compared to the previous quarter.

According to data from the Saudi General Authority for Statistics, the unemployment rate also declined by 0…

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