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As Saudi Arabia turns inward to focus on its “Vision 2030” agenda, intended to reduce its reliance on oil, other countries in the Gulf are rushing to take its place. The UAE is eager to win the race for influence

  • by Ema Timahe

U.S. investor interest in Britain is growing, helped by more appealing "leasing fundamentals" and a stronger dollar versus the pound, BNP Paribas Real Estate said. U.S. property markets remained mired in concerns about sticky interest rates, a slower return to the office and political uncertainty before the U.S. election, it added. U.S.-based investors spent 1.9 billion pounds ($2.4 billion) on London commercial property in January-March - up six-fold on the prior year and the most since the final quarter of 2015, according to the data.

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