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Saudi Vision 2030 boosts Riyadh, Jeddah real estate market

  Riyadh / Emirates Business JLL, the world’s leading real estate investment and advisory firm, has released its Q2 2016 Riyadh and Jeddah Real Estate Overview reports assessing the latest trends in the office, residential, retail and hotel sectors. With Saudi Vision 2030 pivotal to the diversification and restructuring of the economy in lieu of decreasing oil prices, this report ...

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Japan unveils $266bn stimulus plan

  Bloomberg Japan’s government on Wednesday announced a stimulus package worth more than 28 trillion yen ($266 billion) in its latest attempt to fire up the lukewarm economy, with the central bank expected to unveil its own measures this week. Policymakers are under pressure to boost growth as Prime Minister Shinzo Abe’s ‘Abenomics’ plan to kickstart the world’s number three ...

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Philippines lobbied ASEAN on South China Sea verdict, says govt

  Bloomberg The Philippines said on Wednesday it had “vigorously” lobbied Southeast Asian nations to take a united stance critical of Beijing’s claims to most of the South China Sea, but insisted a diluted statement remained a victory. After initially denying doing so, Foreign Secretary Perfecto Yasay said he lobbied his counterparts at a meeting of the 10-member Association of ...

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