Author: Jordan

Jeddah’s upscale Al Rawdah district is set for a hospitality makeover, as Manazel Al Naqaa Limited Company and Marriott International have signed an agreement to convert the existing Shirvan Hotel City Yard Jeddah into an Autograph Collection Hotel. The boutique property will undergo brand repositioning, visual identity development, and select enhancement works ahead of its anticipated debut under the Marriott banner in December 2026. For those planning travel to the area in the interim, the hotel will remain fully operational during the transition phase. The hotel is located within City Yard, a mixed-use plaza known for its central pedestrian-friendly spaces, low-rise…

The UK’s largest outsourcing groups have historically shrugged off high-profile public sector failures as fresh government contracts kept flowing. Capita’s (CPI) mishandling of the Civil Service Pension Scheme (CSPS), however, is starting to look like more than just another bump in the road.Just a couple of months after taking over the pension scheme in December, Capita called in the government, which provided hundreds of additional staff to tackle a growing backlog of around 120,000 unresolved cases. The situation has left some former civil servants unable to access their pensions, including terminally ill members who died before receiving their payouts. Capita…

KARACHI: Governor State Bank of Pakistan (SBP), Jameel Ahmad, has welcomed the launch of the HBL, UnionPay International and PayPak co-badge debit card, describing the partnership as an important milestone in Pakistan’s journey toward a modern, resilient and inclusive digital payments ecosystem that supports the Prime Minister’s vision of a cashless Pakistan. Speaking at the launch ceremony, Governor SBP said the co-badge payment solution combines the strength of Pakistan’s domestic payment infrastructure with the international acceptance of a global payment network. He said the initiative reflects SBP’s long-term vision for PayPak—to establish a secure, cost-effective and locally governed payment scheme…

Tenant advocacy groups disrupted the 100th edition of the National Landlord Investment Show in London, sparking debate over the rental market and the effectiveness of dialogue between landlords and housing campaigners. Members from ACORN and London Renters Union gained entry to the event at Billingsgate and delivered vocal protests, calling for rent controls whilst directing criticism at attendees. Protestors chanted slogans including demands for ‘rent controls now’ and directed language at landlords attending the conference. Industry response Paul Shamplina, a property industry figure, attempted to engage protestors in discussion but reported the exchange was unsuccessful. “Just shouted in my face…

With inflation trends uneven across regions, energy prices swinging with geopolitical headlines and central banks recalibrating interest rate paths, investors are looking for growth that is firmly aligned with management. That is where fast growing stocks with high insider ownership can be useful. When leaders have substantial personal capital at stake, their incentives are closely tied to shareholders. This screener filters for companies that analysts and insiders both view with optimism, helping you focus on businesses where growth expectations and management commitment line up. Ahead, the article highlights 3 stocks from this Fast Growing Stocks With High Insider Ownership screener…

The Case for U.S. Real Estate Debt Today: Base Rates, Back Leverage, Basis DWS Asset Management Source link

The New York Yankees and Apollo Global Management are in talks for the alternative asset manager to inject between $2 billion and $3 billion into the MLB club. It would be a combination of debt and equity, according to multiple people familiar with the details. The Yankees and Apollo did not respond to requests to comment on the talks. Bloomberg was the first to report the discussions. The investment would be in the Yankees parent company, Yankee Global Enterprises (YGE). YGE’s assets also include 10% of Serie A’s AC Milan, 10% of MLS’ New York City FC, about 16% of…

Company upgrades buy-to-let rangeParagon Bank has announced enhancements to its buy-to-let Bank Base Rate (BBR) tracker range, including the addition of a 2% fee product.The revised range is available at up to 75% loan-to-value (LTV) for single self-contained properties (SSCs), houses in multiple occupation (HMOs) and multi-unit blocks (MUBs).For SSC properties at 75% LTV, the latest two-year tracker is priced from BBR plus 1.00% (currently 4.75%), with a 2.00% product fee. The product includes a free mortgage valuation, no application fee and no early repayment charges.Two-year tracker options for HMOs and MUBs at the same LTV tier start from BBR plus…

Oil prices managed to eke out a third day of gains amid few signs of de-escalation between the US and Iran. The US carried out additional strikes against Iran. There are also media reports that the US is considering increasing military operations. Iran, meanwhile, said it has no plans to talk. The rapid deterioration is having a meaningful impact on vessel flows from the Persian Gulf. Tanker traffic through the Strait of Hormuz remains depressed, with crossings still under clear pressure. Even so, US officials claim more than 100 vessels managed to get through the strait over the last week…

SINGAPORE, July 16, 2026 /PRNewswire/ — The Platinum, an iconic conservation asset located at 44, 46 and 48 Upper Cross Street in the heart of Chinatown, has been reintroduced to the market through an Expression of Interest (EOI) exercise at a guide price of S$45 million by exclusive marketing consultant, Brilliance Capital Pte Ltd, down from its initial S$55 million. The Platinum – Exterior The Platinum offers investors the opportunity to acquire three adjoining four-storey conserved commercial shophouses with attic levels under single ownership—a configuration that allows investors greater scope to curate tenant mix, reposition the asset holistically, undertake phased…