Browsing: Investment

HONG KONG: Bain Capital is exploring a potential investment in Hong Kong’s New World Development Co as the embattled property company looks at ways to pay down its heavy debt burden, people with knowledge of the matter said.

The real estate market in Makkah is witnessing an accelerating shift toward investment in hospitality assets, fueled by the growing numbers of Hajj and Umrah pilgrims and the expansion of the city’s capacity. This trajectory is cementing hotels as a primarys