Kuwait Local Time

Kuwait Real Estate News

Kuwait realty sector post profits


Several companies listed in Kuwait Stock Exchange (KSE), posted their third quarter results this week, with real estate sector recording the best performance.

Kuwait records decline in expat count


Nearly 45,000 expatriate workers have left Kuwait this year, while the new work permits issued have touched 90,000 in number, revealed Mohammad Al-Kandari, Ministry of Social Affairs and Labour.

KAMCO report reveals positive indicators for Kuwait realty sector

16/9/2011 The Asset Management Co (KAMCO) of Kuwait Investment Projects Company (KIPCO) has revealed that there are positive signs that the real estate sector in Kuwait will grow by the end of first half of 2011.

Majority of Kuwaitis investing in Dubai properties

9/8/2011 Nearly 60percent of investors of all properties purchased by GCC nationals are Kuwaitis, according to latest figures by the UAE Ministry of Finance.

Latest Kuwait property sales report indicates improvement in the sector

21/7/2011 The latest report on property sales in Kuwait during the month of May reveals that the total value of sales touched Dh.

Increased demand for properties in Kuwait realty sector

5/7/2011 The demand for real estate in Kuwait surpassed that of supply during the first half of this year, thereby leading to instability in prices.

Property experts seek private sector support to develop housing sector

21/6/2011 The property experts on Sunday invited the private sector to contribute to the development of housing sector, as increasing number of couples are seeking to own a house.

KFH launches promotional campaign to finance residential real estate

21/4/2011 Kuwait Finance House (KFH) has announced that it has launched a promotional campaign to finance residential real estate, aimed at introducing financing services and products that KFH offers to clients who are seeking a financing source to finance their purchase of residential properties.

New regulations for participation at top Kuwait property expo

12/4/2011 The Real Estate and Investment Exhibition, an event organized by the Top Expo Group, together with Kuwait International Fairs (KSC), involving participation of 31 firms from real estate, investment and banking sectors, has been unveiled yesterday at the Kuwait International Fairground in Mishref.

Residential, investment properties in Kuwait record growth in Q4 2010

6/4/2011 The residential and investment property prices in Kuwait witnessed considerable growth during the last quarter of 2010.

Investment in real estate sector likely to grow in Arab region

8/3/2011 The real estate sector in the Arab region is likely to witness considerable boom, particularly during the coming months, said the Managing Director of a top real estate firm.

Factors that led to a Positive 2010 for Kuwait realty market

16/2/2011 According to the latest economic report released in Kuwait, the year 2010 was a positive one for real estate transactions, owing to several factors that surged trading rates, making them exceed KD2bn with 21percentage higher than that in 2009.

Property experts welcome revival of Islamic financing for residential projects

16/2/2011 The revival of Islamic financing for residential projects can revive the Kuwaiti market, according to property experts.

British firms keen to contribute towards development plans in Kuwait

1/2/2011 The United Kingdom Minister of State for Business and Enterprise, Mark Frisk, expressed the desire of British companies to contribute towards the development plan in Kuwait, which is already being implemented.

47 percent growth in 2010 real estate transactions

26/1/2011 Real estate transactions surged considerably in 2010, according to annual statistical report of Department of Real Estate Registration and Authentication at the Ministry of Justice.

Property market records 9% growth in Nov 2010

19/1/2011 The local real estate market in Kuwait witnessed a nine percent growth in November 2010, in comparison to that of the previous month, revealed an economic report by National Bank of Kuwait (NBK).

Municipality to re-design Silk City, Boubiyan Island developments

11/1/2011 The Municipality of Kuwait has signed a deal to re-design the masterplan of the proposed City of Silk and Boubiyan Island developments in Kuwait.
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