Gowealthy Real Estate News

Union Properties net loss widens

Fri, 03 Feb 2012 00:00:00 +0000

Real estate developer Union Properties posted a full year net loss of Dh1.57 billion in 2011, up from the Dh1.53 billion loss.

Coalition's fiscal squeeze will return UK to recession, warns NIESR

Fri, 03 Feb 2012 00:00:00 +0000

Coalition's fiscal squeeze will return UK to recession, warns NIESR

The UK will slide into recession this year as the government continues to "deliberately" damage the economy with its unwavering fiscal squeeze.

UK gas may turn volatile if Qatar curbs supply

Fri, 03 Feb 2012 00:00:00 +0000

UK gas may turn volatile if Qatar curbs supply

British gas prices are likely to become more volatile and prone to spikes over the next few years after the UK has moved from self-sufficiency to increasing dependence.

HKMC launches credit scheme for start-ups

Fri, 03 Feb 2012 00:00:00 +0000

HKMC launches credit scheme for start-ups

Individuals yearning to start a business, the self- employed and those undertaking self-enhancement training will be entitled to borrow up to HK$300,000.

BKIC Registers Net Profit Of $11 Million

Fri, 03 Feb 2012 00:00:00 +0000

BKIC Registers Net Profit Of $11 Million

Bahrain Kuwait Insurance Company (BKIC) yesterday announced that it has proposed a cash dividend of 25 per cent (25 fils per share) and 10pc bonus shares to shareholders.

Construction to be foundation of economic rebound: BNZ

Fri, 03 Feb 2012 00:00:00 +0000

Construction to be foundation of economic rebound: BNZ

The construction sector is likely to be the foundation of healthy growth in the New Zealand economy over the next two years, with rebuilding after Christchurch's earthquakes.

Hu calls for expansion of China-Germany links

Fri, 03 Feb 2012 00:00:00 +0000

Hu calls for expansion of China-Germany links

Chinese President Hu Jintao said Friday that China was ready to push forward its long-term, healthy and in-depth development of strategic partnership with Germany.

Electricity prices 'should be lower'

Fri, 03 Feb 2012 00:00:00 +0000

Electricity prices 'should be lower'

The head of energy sector authority E-Control has claimed Austrians are paying too much for electricity.

China's industrial profit up 25.4% in '11

Fri, 03 Feb 2012 00:00:00 +0000

China's industrial profit up 25.4% in '11

China's industrial enterprises saw their profits increase 25.4 percent year-on-year to reach 5.45 trillion yuan ($863.68 billion) in 2011.

EFS has enough contracts till 2016

Thu, 02 Feb 2012 00:00:00 +0000

EFS has enough contracts till 2016

Facilities management service provider Emcor Facilities Services (EFS) said it has won enough major contracts to keep it busy until 2016.