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25.06.26 - 09:18
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Mansour: Iran War Impacted Egypt′s Construction Cost (Bloomberg)
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The Iran war has added fresh uncertainty for investors across the region, testing sentiment in sectors from tourism to real estate. But despite the headwinds, developers are continuing to press ahead with major projects, betting that long-term demand and regional investment will outweigh the near-term uncertainty. Yasseen Mansour, Chairman and Group CEO of Palm Hills Developments spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa about the Egyptian real estate market. (Source: Bloomberg)...
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15.06.26 - 22:36
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COMMENT: Iran and the GCC, the memory remains (IntelliNews)
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Relations across the Gulf have been ruined following more than 100 days of war between Iran, Israel and the US with the Gulf neighbours to the south and east of the Islamic Republic left exposed following a new memorandum with the Trump admin....
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13.05.26 - 12:06
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UK housebuilder Vistry warns of ′significantly′ lower profits amid Iran war uncertainty (The Guardian)
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Bovis Homes owner's shares plunge 10.5% after it was forced to cut prices as buyers became cautiousOne of the UK's biggest housebuilders has said its profits will be “significantly” lower, as it was forced to cut prices after heightened uncertainty caused by the US-Israeli war on Iran.Vistry's shares plunged 10.5% in early trading on Wednesday, hitting their lowest level in nearly 15 years, as it told shareholders its first-half profits would be hit by the fallout from the Middle East conflict. Continue reading......
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