Kuwait Real Estate News
Kuwait bags the best residential project award
The Kuwaiti Minister for Housing Affairs and State Minister for National Assembly Affairs, Abdulwahed Al-Awadhi, while speaking to the Kuwait News Agency, on his return to Kuwait after participation in the 24th Arab Ministerial Housing Council held on Thursday, expressed his appreciation about the overall activities of the meeting, and the role of the Kuwaiti Ambassador to Egypt, Dr Rasheed Al-Hamad, in facilitating the delegation’s mission.
Kuwait lacks investment laws, says Al-Wazzan
Growing number of construction activities and the booming real estate works in the Gulf region, although could attract huge foreign investments, the delay in issuing investment laws, is the biggest serious obstacle that Kuwait is facing at present.
Al Mazaya invests $7.8billion on GCC projects
The total volume of investments of the Kuwait-based shareholding company, Al MAzaya Holding has reached above $7billion in GCC.
India Property Fair in Kuwait draws huge investor response
A three-day Property Fair at the Salmiya Palace Hotel, which was organized by Maya Design, drew good response from Indian expatriates in Kuwait.
Qualitynet plans to introduce more smart buildings to Kuwait
A Smart buildings conference was hosted in Kuwait yesterday, by Qualitynet, a pioneer in Internet solutions and data communications at the Al-Raya Ballroom.
DAMAC Properties set to make entry into Real Estate, Investments and Building exhibitions in Kuwait
DAMAC properties, one of the largest Master developers in the Saudi region is all set to make its entry into Kuwait for expansion in Real Estate and related investments.
Kuwait witnesses 9 percent rental hike in two years, reveal reports
Rents in Kuwait have seen an increase of 9 percent over the past two years, although at present it seems to have stabilized, reports Arab Times.
Gulf Holding opens HQ in Watiya area
The Gulf Holding Company (GHC), a Sharia-compliant, Kuwait-based diversified holding company, has announced the launch of its new Head Quarters at Burj Al-Khaleej in Watiya area.
Kuwait to begin works on low-budget housing project
The Minister of State for Housing Affairs, who is also the Minister of State for National Assembly, Abdulwahid Al-Awadhi, announced that the low-cost housing project will be surely implemented, as it has been already approved by the National Assembly.
Avenue Mall to participate in MAPIC real estate exhibition in France
The Mabanee Company in Kuwait has confirmed that its new real-estate venture, The Avenues Mall will be showcased at the MAPIC exhibition, likely to take place in France between the 14th and 16th of November in the city of Cannes.
Kuwaiti realty market improves during third quarter, say report
During the third quarter of 2007, the local real estate market in Kuwait grew by one percent, as against the second quarter of this year, said a report released by the Kuwait Financial House (KFH).
Alargan plans launch of Movenpick Al Bidaa
Alargan International Real Estate Company, a leading realty developer in Kuwait with high-quality commercial and residential developments to its credit, now plans to launch Movenpick Hotel and Resort, Al Bidaa.
Kuwait to probe increasing real estate prices
The Minister of Commerce and Industry in Kuwait, Falah Fahad Al-Hajri, has revealed that his ministry has been designated the task of compiling a study on the reasons behind the increasing costs of land and real estate and the possible ways to tackle the problem.
First Qatar to expand into Kuwait and Oman with projects worth $400mn
First Qatar Real Estate Development Company has announced more than $400mn of projects and company expansions into Oman and Kuwait.
Kuwait sees 63 percent increased real estate sales: Statistics
The National Bank of Kuwait in its latest economic brief of monthly statistics, reported that the real estate contracts issued by the Ministry of Justice in Kuwait, has returned to normal in September, after the drop witnessed during the previous month.
