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Real Estate Briefing - Categorized | Market Moves, Middle East and Africa, Mortgage more

GCC urged to develop active mortgage market to regulate real estate activities

Posted on 26 November 2010

From Saudigazette.com.sa: The mortgage markets in the six-nation Gulf Cooperation Council (GCC) remain extremely underdeveloped by global standards, said NCB Capital.
Against this backdrop, the region needs to develop an active mortgage market to regulate real estate activities as the sector begins to recover from the repercussions of the 2008 global fiscal crisis, the report said……………………………………….Full Article: Source


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