Sunday , October 22 2017

Real Estate

China ups the ante against ‘overseas investment’

epa06143578 Chinese people ride their motorcycles in central business district (CBD) of Beijing, China, 14 August 2017. China's fixed-asset investment grew 8.3 percent year on year in the first seven months of 2017, down from 8.6 percent for the first half, according to the National Bureau of Statistics on 14 August 2017.  EPA/WU HONG

Bloomberg China formally laid down new rules on overseas investments, making explicit its de facto campaign against “irrational” acquisitions of assets in industries ranging from real estate to hotels and entertainment. The authorities set out three categories—banned, restricted and encouraged—while backing companies to support the nation’s ambitious “Belt and Road” ...

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VP approves new building permit procedures development strategy

VP approves new building permit procedures development strategy

DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum approved the new strategy for Building Permit Procedures Development in Dubai. The strategy will ensure speeding up the process of acquiring building permits from concerned government entities to ...

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