Business
U.K. public sector net debt reaches 100 percent of GDP in August, borrowing hits $18.24 billion
The U.K.’s public sector net debt rose in August to its highest since the early 1960s, reaching 100 percent of the country’s gross domestic product (GDP) and around 4.3 percentage…
China’s home prices hit new nine-year low in July
China’s new home prices fell at the fastest pace in nine years in July as multiple support policies failed to stabilize prices and restore confidence in the country’s struggling property…
U.S. new home sales rise 5.9 percent to 664,000 in November
Sales of new U.S. single-family homes saw a notable rebound last month…
April 18, 2024 British housing market sees 0.2 percent price drop, 9.2 percent rent surge amid shifting rate outlook
ritish house prices fell in February by the smallest amount in eight…
UK house prices rise 4.7 percent in 2024
UK house prices ended 2024 with strong growth, rising 4.7 percent year-on-year…
Sales of new U.S. single-family homes rebound 8.8 percent in March, reaching highest level since September
Sales of new single-family homes in the United States (U.S.) experienced in…
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The Latest
Saudi Arabia’s minister highlights $3 billion in Spanish real estate investments, announces upcoming development agreement
The Saudi Minister of Municipal, Rural Affairs, and Housing, Majid bin Abdullah Al-Hogail, discussed the significant growth in investments between…
A luxurious, eco-friendly haven: The Red Sea’s regenerative tourism takes center stage
As Saudi Arabia prepares to welcome its first guests to The Red Sea and AMAALA destinations, the anticipation is high for the…
U.K. to invest $1.35 billion in AI research compute by 2030, says PM Starmer
In a conversation with NVIDIA founder and CEO Jensen Huang at London Tech Week, U.K. Prime Minister Sir Keir Starmer confirmed…
French central bank reports loss of $8.4 billion for 2024
The French central bank announced a loss of EUR7.7 billion ($8.4 billion) for 2024, signifying its intent to recover these…
London Heathrow to invest $3 billion in upgrades over next two years
In the largest private sector capital investment in the UK’s transport network, London Heathrow announces a £2.3 billion ($3 billion)…