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Experts attribute the slowdown to regional geopolitical tensions which have dampened investor appetite, leading to a significant cooling of the city's long-running real estate boom.
At a grand G20 ceremony in Delhi, India unveiled its most ambitious trade corridor. Halfway across the world, forces beyond its control are now derailing that vision.
The meeting between Lebanese Ambassador to the US Nada Hamadeh Moawad and her Israeli counterpart Yechiel Leiter is the second between the two diplomats, days after they held the first such direct talks between the two countries in three decades.
US-Israel-Iran War Ceasefire News Live Updates: The standoff between the US and Iran has effectively choked off nearly all exports through the strait -- where 20 per cent of the world's traded oil passes in peacetime -- with no end in sight.
US Navy Secretary John Phelan was sacked Wednesday reoportedly amid disputes with Defence Secretary Pete Hegseth over the expensive new Trump-class warships; Hegseth reportedly favours mass-produced uncrewed ships to boost numbers.