Hong Kong rated world's best residential market in last year
Knight Frank has released a report of the performance of mainstream residential markets across the world. According to the Knight Frank index, Hong Kong is the world's top ranked market in the last year, registering an upward change of 26.5 percent (Source: Knight Frank Global House Price Index - data for period ended June 2011)
Dubai’s largest listed contractor, Arabtec, has been on shaky foundations for the past two years, recording losses for six consecutive quarters. But Raja Hani Ghanma, CEO of its construction subsidiary, explains how the company is gradually building back up to profit.