As Covid-19 infections continue to increase around the world and the implications of the pandemic’s spread are acknowledged in key markets in the Americas and Asia, Rystad Energy is now changing its base case scenario for oil demand, incorporating a mild second wave effect. The updated base case scenario assumes a temporary pause in global demand recovery, as the reopening of Europe and other regions is offset by Covid-19 outbursts in populous and high oil-consuming countries in the Americas and Asia such as the United States, Brazil and India, among others.

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The Federal Inland Revenue Service(FIRS) has issued a clarification on stamp duty rates for rents and leases, following public outrage.

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Saudi Arabia’s real estate market has shown phenomenal growth, says Menassat Real Estate Chairman Khaled Al Mubayyed.

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Residents of a south Auckland suburb are lawyering up and plan to take on the New Zealand Transport Agency (NZTA), saying construction on a neighbouring motorway has damaged their homes.

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The average office rental in the Delhi-NCR market declined by 9 per cent to around Rs 78 per sq ft a month during the first half of this calendar year as demand was hit due to the Covid-19 pandemic, according to a report.

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Houses in popular school zones continue to command eye-watering premiums, despite there being no guarantee for buyers that they will remain on the chosen school’s map.

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