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...Ziad El Chaar, chief executive of DarGlobal, said: “London [is] the best location for us as we look to access new capital and build our global visibility with development and luxury brand partners.”...
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..., greater restrictions on Chinese firms accessing foreign markets and technology, and shaky real estate valuations....
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...Some banks failed due to mismanagement of the impact of higher rates on their balance sheets. Highly leveraged sectors, such as commercial real estate, are suffering....
...At the coinciding 1-54 fair, Vigo Gallery sold 19 of 26 small-scale works made on pill packets by the Sudanese artist Ibrahim El-Salahi, priced up to $20,000 each....
...And no big central bank has a handle as yet on the cumulative effects of their rate hikes on non-bank sectors with high debt levels such as commercial real estate....
...The latter is the result of an economic strategy that has historically over-relied on real estate, high local debt, inefficient state-owned enterprises, lower-end manufacturing, and domestic consumer internet...
...Amplified by the cyclical El Niño weather phenomenon that warms the Pacific Ocean, this exceptional heat has bleak implications....
...Yisra’el Ivgi, a content creator who moved back a few weeks ago, admits to “mixed feelings”....
...A pipeline of government-backed infrastructure and manufacturing projects has only partially offset the real estate downturn....
...Who Knight Frank House, El Puerto De Santa María, Spain, €800,000 Where In El Puerto de Santa María, a fishing port on the Bay of Cádiz in Andalucía, Spain....
...Lots of land — the latifundios (“large estates”) as we call them, or estancias (“ranches”)....
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...Mohamed El-Erian explains why....
...Over to my favourite rustic restaurant, El Llar de Viri in the village of San Román, for a big bowl of fabada asturiana, the long-simmered signature dish of beans and smoked sausage, and a bottle of local...
...Biden again stumbled at Thursday’s press conference, referring to Egypt’s President Abdel Fattah El-Sisi as the leader of Mexico in response to a reporter’s question about the war between Israel and Hamas...
...This comes at a time when other assets, such as commercial real estate, are already under some pressure. Second, some banking models are now deemed a lot more fragile....
...artist Ibrahim El-Salahi was among classmates....
...In Thailand, major industrial estates — particularly in the well-promoted Eastern Economic Corridor — are preparing for El Niño by filling up their private water storage facilities to ensure supplies for...
...Their balance sheets are further encumbered by dodgy commercial real estate loans....
...Stay: Mallmann’s Hotel El Garzon is the bed of choice in these parts – low-slung, whitewashed, a former general store, it’s the epitome of low-fi Uruguayan beach chic....
...The latter includes commercial real estate whose moment of truth will materialise as more than $1tn of holdings need to be refinanced in the next 18 months....
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..., is El Anatsui’s “Akua’s Surviving Children” (1996)....
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