(AETOS Wire) -- Global real estate aggregator, Square Yards, today announced that it has crossed AED 2 Billion in Gross Transactional Value (GTV) in UAE, emerging as one of the largest PropTech players in the country. The company registered phenomenal growth in all three segments, namely Off-plan property (under construction developer sales), Secondary sales/leasing and Cross Border Real Estate targeting Non Resident Indians (NRIs) based in UAE. Square Yards’ Off-Plan business segment that focuses on under-construction projects in UAE clocked more than AED 300 million worth of property sales in the Jan-Sep period of 2018 registering an impressive 52% YOY growth. It has catapulted Square Yards’ position among one of the largest distributors & channel partner for most of the grade-A Dubai based property developers. The company’s Secondary and Leasing business, powered......

(AETOS Wire) -- Moody’s Corporation (NYSE:MCO) and Reis, Inc. (NASDAQ:REIS) announced today that they have entered into a definitive merger agreement for Moody’s to acquire all outstanding shares of Reis in an all-cash transaction valued at approximately $278 million. The transaction has been approved by the Boards of Directors of both companies.

Reis is a leading provider of U.S. commercial real"...

ArcelorMittal SA, the world’s largest steel producing company headquartered in Luxembourg, which secured full ownership of the Thabazimbi mine for a paltry sum, will decide in a few years whether it can re-start operations at the mine where activities stopped two years ago.

The Thabazimbi mine in Limpopo was jointly owned by ArcelorMittal and Kumba; it was a source of iron ore for ArcelorMittal which blended it with ore from Kumba’s"...

At the FT Africa Summit, Africa’s richest man, Aliko Dabgote revealed that Bank of America Merrill Lynch and Standard Chartered could be among the banks to help the company organise a London share sale, scheduled to take place after Nigeria’s general elections in 2019.

Dangote Cement, one of Nigeria’s biggest companies, will spend heavily on expansion, with $350 million being set aside for capital projects which includes building"...

(AETOS Wire) -- The Helsinki High-rise Competition has been finalized. YIT’s proposal Trigoni has been put forward as the winner of the international Pasila Tower Area architecture and implementation competition.

The Helsinki High-rise competition, organized by the Finnish Government organization Senate Properties and the City of Helsinki, sought a high-quality design to form the basis of the city plan"...

(AETOS Wire)-- Henley & Partners, the global leader in residence and citizenship planning, has published two new guides to relocating to Switzerland and Austria, covering a range of topics relevant to ultra-high-net-worth (UHNW) and entrepreneurial individuals interested in moving to these countries. Dr. Juerg Steffen, Chief Operating Officer of Henley & Partners and editor of both books, says the publication of the guides is timely: “Today, following seven decades of rapid globalization, there are close to 260 million people living outside their country of origin, almost 50% more than there were in 2000. With greater international connectivity and mobility comes a new community of global citizens, whose identities are dynamic and fluid. It is against this backdrop that these books have been released: relocation is a highly relevant topic in 2018.” Relocation to Switzerland:......

IMKAN, a property developer with a global outlook renowned for creating soulful places that enrich lives, has announced AlJurf, a fully integrated second-home destination along Sahel Al Emarat; the riviera situated in Ghantoot between Abu Dhabi and Dubai.

Construction on the 370-hectare project boasting 3.4 kilometers of azure beachfront, and the centerpiece of IMKAN’s exhibit at Cityscape Global 2018, will begin in 2019. The master-planned"...

Select Group, UAE’s leading real estate development and investment company today announced that it has completed the acquisition of the iconic Echo Building located in Liverpool. Savills, jointly with development managers Paradigm Property Consultants sold the forward funding and mixed-use redevelopment on behalf of Reach PLC.

Situated in the heart of Liverpool’s commercial district, Echo is scheduled"...

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today issued the following statement in regard to the Oracle v. Rimini Street case: Statement: “On September 27, 2018, the United States Supreme Court granted Rimini Street, Inc.’s petition for review in Oracle v. Rimini Street appealing the decision of the Ninth Circuit Court of Appeals allowing an award of non-taxable costs as part of the final judgment awarded to Oracle by the U.S. District Court for the District of Nevada. The Company’s appeal argues that the award of $12.8 million of non-taxable costs is in direct conflict with decisions in other U.S. Federal Circuit Courts and decisions of the Supreme Court. Rimini Street is seeking a refund of the $12.8 million from Oracle. Rimini Street......

Khartoum- Chief Justice Prof. Haider Ahmed Dafallah has issued a decree reducing fees of registration of lands by 50% as of the beginning of next October and till December

31, 2018 in accordance with the provisions of Article 96 of Lands Settlement and Registration Act, 1925.

The government announced earlier a plan for establishment of 40 residential towns to be"...