Kuwait Real Estate News
Kuwait property professionals, best paid in the region
The latest statistics from Macdonald and Company reveal that the property professionals in Kuwait real estate sector earn 10% more income when compared to their other Middle East counterparts.
Al-Sharq office complex receives CNBC Arabian Property Award
The Al Sharq office in Kuwait, designed by Atkins, has been awarded the prestigious CNBC Arabian Property Award for its high-rise architecture, and unique design and dedication towards sustainability.
Ministry plans new building in the Sabhan area
Officials at the Ministry of Public Works have announced that the ministry intends to construct a main office building in the Sabhan area, just like the one in the South Surrah area.
Al Mazaya signs deal to implement 7 zones project
Al Mazaya Holding, a leading real estate firm in the Middle East has entered into an elector-mechanical contract worth KD 1.
Al-Arjan marks 25 percent of its projects in Kuwait
Al Arjan Real Estate Company has announced 60 percent of its projects in Oman and Saudi, while 25 percent has been announced in Kuwait, followed by 10 percent in Bahrain, and 5 percent in other countries.
Cost of construction materials to go up in Kuwait
The rising real estate development has led to increase in cost of construction materials by ten to twenty five percent, announced Faraj Al-Khudari, the Chairman of Professional Real Estate Company in Kuwait.
Kuwaiti Investors keen on investing in Sohar
Investors in Kuwait and Oman, will soon enter a joint-venture for the launch of a five-star hotel and commercial center in Sohar, located 200kms from Muscat, with an intention to keep up the industrial and commercial development in the region.
Kuwait realty professionals earn ten percent more than their counterparts
A report by MCDonald and Company (a recruitment consultancy) states that real estate professionals in Kuwait are earning an income that is ten percent more than their counterparts in the Middle East.
Kuwaiti businesswoman enters into a real estate deal worth KD40million
A Kuwaiti businesswoman, Sheikha Suad Al-Humaidhi and Saud Sahud l-Metri, have entered into one of the largest real estate deals in Kuwait, that is worth KD40 million.
IFA joins hands with Indian Ocean Resorts to launch the $450m Zilwa project
The IFA Hotels & Resorts in Kuwait has announced that they have entered into a deal with the Indian Ocean Resorts Limited for developing a $450million project in the Seychelles, which will be its first venture in the nation.
Salmiya Southern market will turn into Samiya Mall soon
A Real estate development firm has paid $203m to buy the Salmiya Southern market in Kuwait.
Al Mazaya witnesses increase in profit
Al Mazaya Chairman, Rashid Yaqoub Al Nafisi, said the company has begun handing over projects last year, and implementing new projects in Kuwait and Dubai.
Kuwait enters into its biggest ever property deal worth KD 57million
According to announcement by a real estate office in Kuwait, a deal worth KD 57 million for purchase of Salmiya Southern market was carried out yesterday, and is considered to be the biggest ever real estate deal in Kuwait.
The Avenues – largest commercial development in Kuwait launched
The first phase of The Avenues, developed by Kuwait premier property developer, Mabanee, has been officially launched by His Highness the Amir of Kuwait Sheikh Sabah Al Ahmad Al Jaber Al Sabah, and is expected to be the largest commercial development ever, in Kuwait.
