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Islamic finance support - Kuwait sees 15pct rise in property prices

Posted on 25 August 2009

From Arabianbusiness.com: Real estate prices in Kuwait increased 15 percent in July, according to a new report. The return of Kuwait Finance House and other Islamic financial institutions to the property lending market have contributed to the increase, Kuwait-based Emaar Company for Real Estate Services said in its report.
Property owners reacted positively to the move and transactions increased during the month across all Kuwaiti governorates, the report added, cited by KUNA News Agency, added………….Full Article: Source

 
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