Real Estate

Employees at Binladen Group – a major construction firm in Saudi Arabia, set fire to nine company buses in protest over thousands of sackings and unpaid salaries. They had staged several demonstrations within Saudi Arabia’s Mecca region in recent weeks, with some workers claiming they have not received their wages after months of unpaid labour. To fuel their anger more, ...

A Sydney property owner has made a staggering $200,000 profit on his one-bedroom apartment in Randwick, after it was auctioned off on Saturday. The property was bought off-the-plan for $525,000 two years ago and ended up selling for $758,000, reported The Daily Telegraph. Bidding on the property, located at 3/201 Barker Street in Randwick, opened at $700,000 and rose in ...

Emaar Properties PJSC, the builder of the world’s tallest tower in Dubai, reported a jump in first-quarter profit after collecting payments from pre-sold projects and boosting sales in the emirate. Net income rose to 1.21 billion dirhams ($329 million), or 17 fils a share, from 1.03 billion dirhams, or 14 fils, a year earlier, the Dubai-based company said Sunday. That ...

According to leaked data from Panamanian law firm, Mossack Fonseca, a former Minister for National Planning, Rasheed Gbadamosi, bought two luxury penthouses worth $2.6m in Panama in 2008 while serving as the Chairman of the Petroleum Products Pricing Regulatory Agency. According to a documents sighted by Nigerian online newspaper, Premium Times, Gbadamosi who was recently appointed co-chairman of the Lagos ...

For the perfect family summer retreat, look no farther than this four-storey, seven-bedroom domestic paradise located in affluent Costa Maresme, 22 miles north of Barcelona, Spain and overlooking a world famous golf course. It comes with a striking white color scheme with a terracotta slate roof, a perfect garden and swimming pool complete with bar area and dressing rooms, there’s ...

This palatial 20-bedroom mansion located in New York’s Upper East side has belonged to John Gutfreund, a onetime ‘King of Wall Street’ and his wife Susan since the 1980s. Gutfreund who was the former CEO of Salomon brothers died in March 2016 of complications from pneumonia at age 86 and his wife is now reportedly selling the apartment because it ...

Religion is an inescapable involvement of every member of the human race. Whether directly or indirectly, an individual communes with whatever deity his mind chooses to adopt spiritually or physically. In other words, we are all religious in the sense that we believe in the sacred and are committed to one faith or the other. This accounts for the zeal ...

The Nigeria Mortgage Refinance Company (NMRC) has appointed four independent Directors to serve on its Board, in line with its commitment to adopting international best practices in corporate governance. Those appointed include Professor Charles Okeahalam, who will also serve as the Chairman of the Board of Directors; Mr Charles Adeyemi Candide-Johnson (SAN); Mrs Fatima Wali-Abdurrahman and Mrs. Anino Emuwa. Dr. ...

“Martins! What is this I’m hearing? How did it happen? I thought we fixed that roof before the lady moved into that apartment last year?” Mr. Okafor’s voice resonated from the receiver of Martins’ “Samsung Galaxy S6” across the entire length of his office with reckless abandon. The Landlord who spends a greater part of his time doing business abroad ...

Remarks by Solomon E. Arase, FDC, NPM, the Inspector-General of police at the ground breaking ceremony of Nigeria Police Force 1004 units housing project at Gouza town, FCT, Abuja today Monday 25th, April, 2016;   It is with a feeling of elation and fulfillment that I welcome you all to this epoch-making event which marks the ground breaking of the ...