Emirates Business Chestertons KSA has released its Q2 2016 report for Riyadh, the first ever analysis of the Saudi capital by the leading property consultant. The report highlights that there is increasing demand for affordable housing, as Riyadh’s population growth continues to outstrip property market supply. The Riyadh Real Estate Market Overview for Q2, 2016, points out that Riyadh’s ...

  Bloomberg China should keep the 50 percent cap on foreign ownership in local passenger-vehicle joint ventures for at least another five to eight years to ensure Chinese carmakers are ready for full-fledged competition, according to the state-backed auto association. The government can consider lifting the limit on different parts of the automotive industry according to their maturity, starting with ...

  Bloomberg Tencent Holdings Ltd. has surpassed China Mobile Ltd. to become the country’s most valuable corporation, underscoring the growing importance of a vibrant private economy over lumbering state-owned enterprise. Tencent rose 4.2 percent to HK$210.20 in Hong Kong on Monday, reaching a market value of HK$1.99 trillion ($256.6 billion) and joining the ranks of the world’s 10 largest public ...