Data for Q1 2024 indicated that Dubai sustained its role as a top international tourism hub. The emirate's hotel occupancy rates stood at 83 per cent, equal to the previous year's figures, while the average duration of stay per visitor was almost unchanged at 3.9 nights, yet there was a 2 pe
The launch reflects Dubai's growing attraction among Mexican companies and investors, with the number of companies from Mexico registered as active members of Dubai Chamber of Commerce reaching 108 at the end of Q1 2024.
Israel's Central Bureau of Statistics reported that the surplus in the current account in the first quarter (Q1) of 2024, minus the effect of seasonality, amounted to USD 6.7 billion, compared to $9.3 billion in the previous quarter.
The Fashion and Apparel sector has emerged as the frontrunner in India's retail landscape, accounting for an impressive 40 per cent of the leasing activity in Q1 2024 (Jan-March).
In its report on key financial stability indicators for Q1-24, released today, the Central Bank of the UAE (CBUAE) stated that the value of these liquid assets increased on a quarterly (q-o-q) basis by 5.7 per cent, or AED42.7 billion, compared to approximately AED743.95 billion at the end o
The liquid assets in the UAE banking sector stood at AED786.6 billion at the end of Q1-24, marking a year-on-year increase of 28.2 per cent, or AED172.8 billion, compared to approximately AED613.8 billion at the end of Q12023.
Four of the top five global destinations for land and development site investments in the first quarter of 2024 were in Asia Pacific, including India, according to a new report from Colliers.
As of Q1 2024, the average time to liquidate inventory stands at just 22 months, down from 32 months at the end of 2019, primarily driven by a surge in housing demand.
The new supply of the residential units in the Tier 1 cities like Mumbai, Bengaluru, Thane, Delhi-NCR have declined by 19 per cent in the Q1(Jan-Mar) of 2024.
This figure represents an almost 400 per cent year-over-year (YoY) increase compared to the over 2 GW installed in Q1 2023, as per the recent Q1 2024 India Solar Market Update from Mercom India Research.
The report added, the unsold real stock in the national capital region declined from approx. 2 lakh units at Q1 2018-end to approx. 86,420 units by Q1 2024-end.
Earlier, in the Reuters poll, several economists anticipated the growth to be around 2.5 per cent. But the final numbers have exceeded the projections. The economy grew 4.1 percent year-on-year in the third quarter of 2022.