Dubai real estate sets all-time record in 2024 with 180,900 transactions worth $142.1 billion
Transaction volume and value grew 36 percent and 27 percent, surpassing 2023's 133,100 sales at $111.9 billion
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Meta to pay $25m to settle Trump lawsuit over ban
US President Donald Trump has signed a legal settlement that will see Facebook and Instagram owner Meta pay out roughly $25m (£20m).
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Eight of the world's most extraordinary tiny hotel rooms
From Colombia's upcycled sewer pipes to spheres suspended in the sky in Canada, capsule hotels have been reinvented for a new generation of travellers
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Built into the sea, this $2 billion luxury ‘eco-district’ has increased Monaco’s size by 3%
Known as a tax haven and playground for the rich, Monaco packs a population of around 39,000 — of whom almost seven in 10 are millionaires, according to property firm Knight Frank — into an area smaller than New York’s Central Park.
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The largest investment in Georgia's history Emaar Properties Eagle Hills will invest 6 billion USD in Georgia
A memorandum of cooperation between the the real estate development company and the Georgian side was signed in Abu Dhabi during the visit of Irakli Kobakhidze, Prime Minister of Georgia.
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Asia Pacific Hotel Investment Tops $12 Billion in 2024
Asia Pacific hotel investments are projected to reach $12.2 billion in 2024, driven by increased investment activity, a favorable interest rate environment, and positive macro and microeconomic trends. JLL's analysis indicates a 4.3% growth in hotel investment volumes from 2023, which totaled $11.7 billion.
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Global Real Estate Streaming Service WPC TV Begins Platform Construction
WORLD PROPERTY CHANNEL TV (WPC TV), an emerging global real estate news streaming subscription service, announced this week it has begun platform construction and is scheduled to launch in late 2025.
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Silicon Valley billionaire Vinod Khosla says AI will handle 80% of work in 80% of jobs
Vinod Khosla has just predicted that most jobs will be replaced by AI—whether you work on a farm or in sales.
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Banks unprepared for next financial crisis, warns new report
Banking regulations must be tightened to ensure financial stability, says Brussels-based NGO Finance Watch. But, it warns, political will is lacking.
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European Natural Gas Futures Edge Down
European natural gas futures fell to €36 per megawatt-hour, though still above last week’s two-month low of €33, as traders weighed forecasts for colder weather in early October against increased wind generation and rising Norwegian supply.
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