Jeddah / Emirates Business JLL, the world’s leading real estate investment and advisory firm, released its Q3 2016 Jeddah Real Estate Market Overview report which assesses the latest trends in the office, residential, retail and hotel sectors. The latest market summary report discusses the opening of two internationally branded hotels — the Movenpick City Star Hotel (228 keys) and …

  AFP Samsung Electronics on Thursday reported an expected 30 percent profit plunge on the back of a highly damaging recall crisis that hammered the reputation of the world’s largest smartphone maker. The third quarter earnings were announced just hours before the start of an annual shareholder meeting which was set to approve the latest step in a complex generational …

  Bloomberg Stresses among Singapore’s oil and gas companies are deepening, the head of Southeast Asia’s second-largest lender said, signaling that more firms grappling with the slump in energy prices may face difficulties repaying their debts. “I don’t think the oil and gas sector is in a situation where it is in a recovery mode yet, and continues to be …