News

The new Orgãos-Pedra Badejo was recently opened to traffic on Santiago Island, Cape Verde. The road was completed under a compact with the Millennium Challenge Corporation (MCC), a US-government sponsored corporation. The new road is one part of MCC’s $110 million five year compact with Cape Verde to stimulate economic growth. The newly opened stretch […]

The Pound has today given up its recent gains following very poor UK retail sales data out this morning.   In May, retailers reported a drop in monthly sales of 0.6%, and in annual sales of 1.6%. Analysts’ expectations had been for an increase of 0.5% for the month and a drop of 0.1% for

From Albuquerque, New Mexico to Upper St.Claire, Pennsylvania, US News and World Report has listed its top ten places to live in the United States for 2009. The list doesn’t provide a ranking of first through tenth, but lists these destinations in alphabetical order. If there is one thing in common for these cities and

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Al-Futtaim Capital of Dubai, the investment arm of the Al-Futtaim Group, is planning a major development on the Atlantic coast of Morocco. The company is in the final stages of acquiring a plot of land in Bouznika, a coastal town just south of Rabat, the capital city, and north of Casablanca.   The land is

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Hotels in Dubai had a drop in revenues for the first quarter of 2009 and are being hard hit by the worldwide economic crisis. The Department of Tourism and Commerce Marketing (DTCM) noted that the fall in revenue is the result of both falling demand and discounted rates, which are trying to make up for

The new Mandala Condominiums on the west coast of Phuket are an ideal combination of great homes, reasonable prices, plenty of space and Thailand’s most desirable holiday destination. There are a total of 24 units in three, three-story buildings. Construction has recently started on these condos and sales are set to launch soon.   The

The Office of Fair Trading has today launched an online version of its public register listing estate agents who have been given warnings or been banned from estate agency work. View the Estate Agents Public Register at www.oft.gov.uk/estateagentregister Under the Estate Agents Act 1979 the OFT can issue warning and prohibition orders against individual estate

Wealthy Indian’s are taking advantage of low property prices and weakened sterling to snap up some of the UK’s most desirable properties.   Nick Marr CEO of one of the UK’s busiest overseas property portals Homesgofast.com said “We are increasingly seeing wealthy Indian’s investing in UK property. They want the best British properties; it is a