China lowers downpayment requirements for second homes
Second home required to purchase
Beijing - XINHUA
China announced minimum down payments for second home purchases using provident funds will be lowered from 30 to 20 percent on Monday, provided the buyers have fully repaid their mortgage loans on the first home.
The Ministry of Housing and Urban-Rural Development, the Ministry of Finance, and the People's Bank of China jointly announced that Chinese citizens who wish to buy a second home will have access to the lowered down payment ratio starting on Tuesday.
According to the announcement, Beijing, Shanghai, Guangzhou and Shenzhen can make their own decisions about the minimum down payment ratio of second homes on the basis of the national policy.
- Friday ,27 October GMT 10:38 2017 Chinese construction firm CCCC buys Canada's Aecon for Can$1.51 bn
GMT 08:39 2017 Saturday ,23 December
Afghan raisin houses get a facelift to boost productivityGMT 15:34 2017 Friday ,22 December
Hot US new homes market sees biggest jump in 25 yearsGMT 17:34 2017 Tuesday ,19 December
German real estate giant to swallow rival in $6bn dealGMT 11:36 2017 Wednesday ,06 December
Sahalah FM Brings 360 Building Services to The KingdomGMT 18:09 2017 Tuesday ,28 November
US new home sales rise to 10-year highGMT 14:50 2017 Monday ,30 October
London house-buyers get lift from BrexitGMT 10:38 2017 Friday ,27 October
Chinese construction firm CCCC buys Canada's Aecon for Can$1.51 bnGMT 14:05 2017 Thursday ,19 October
US home construction hits one-year low in September
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens more
GMT 14:10 2017 Wednesday ,02 August
Italy impounds German NGO migrant rescue boat: police
GMT 02:15 2015 Monday ,30 March
Yemeni president fires 2 provincial governors
GMT 19:58 2017 Wednesday ,22 February
Armed police surround German school after reports of a gunman on the premises
GMT 19:09 2016 Sunday ,06 March
Sisi, Sherif Ismail mull implementation of national projects
GMT 09:28 2018 Friday ,05 January
Music sales soar in US, as streaming takesGMT 10:16 2013 Sunday ,03 March
FIFA to make Qatar decisionGMT 05:05 2012 Thursday ,10 May
Sceptic Algerians go to polls
GMT 10:01 2017 Sunday ,12 November
Hollywood takes break from scandal
GMT 12:17 2017 Wednesday ,08 November
Actress Helen Hunt slammed over Egypt forum
GMT 10:53 2014 Monday ,18 August
Pure bred Bahraini stallion gifted to Poland on behalf of King
GMT 03:58 2014 Saturday ,31 May
North Korea sentences South Korean spy to hard labour for life
GMT 18:46 2016 Tuesday ,23 February
Egypt, Greece to enhance economic, trade relations
GMT 22:06 2016 Saturday ,09 April
Four out of ten Africans have reliable electric power supply
GMT 14:06 2017 Monday ,27 March
HH the Emir Receives Message from Emir of Kuwait
GMT 06:46 2015 Friday ,02 January
US fast food giant Chick-fil-A probes security breach
GMT 02:22 2014 Friday ,05 September
Kuwaiti interior minister encourages creative nationals
GMT 14:51 2015 Tuesday ,10 March
Education minister Moheb el-Rafie meets JICA delegation
GMT 16:08 2015 Sunday ,08 March
Lekhwiya beat Kharaityat, remain top of Qatar Stars League
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor