The recent fire tragedy in Kuwait has highlighted the vulnerability of migrant workers in the Gulf region, prompting calls for accountability and improved safety standards.
Migrant WorkersGccKuwaitLabour RightsSafety StandardsReal EstateJun 15, 2024

The investigation revealed that the blaze was caused by an electrical short circuit.
50 lives were lost in the tragedy.
The incident has brought attention to the need for improved safety standards and better living conditions for migrant workers in the GCC.
The Kuwaiti government has taken swift action, including the arrest of the building's owner and the Egyptian guard, and has mandated immediate inspections of all buildings without prior notice.
Governments, businesses, and civil society can work together to prioritize the well-being and dignity of migrant workers, ensuring their safety and respect across the GCC through adherence to international standards and effective implementation of labour laws.

The registration department is investigating 796 property registration documents for non-compliance with real estate regulations, sparking concerns among developers and buyers.

IMD issues yellow alert for Mumbai, red alert for Palghar and Pune; heavy to very heavy rainfall expected in the next 24 hours

A state-appointed panel inspected several townships in Nagpur, Maharashtra, but issues related to water supply, irrigation clearance, and inspection delays remain unresolved.

The city of Indore recorded a significant 12.8% increase in property revenue during the festive season in October. According to Balkrishna More, the Deputy Inspector General of Registration for the Indore region, the surge in real estate activity can be a

Arvind Gurumurthy, a distinguished legal professional, has made significant contributions in the fields of M&A, private equity, and corporate law. With a successful seven-year tenure as Partner at Kochhar & Company, Arvind has extensive experience in hand

Arthur Laffer, the director of NexPoint Diversified Real Estate Trust (NXDT), has made a significant purchase of $87,156 in company stock. This move could signal his confidence in the company's future performance. Investors should consider this as a potential indicator of a bullish market play.