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Kuwait real estate sales hit $11bln in 2012

Posted on 11 February 2013

Kuwaiti real estate sales registered a solid 16 per cent growth in 2012 to hit KD3.1 billion ($10.9 billion) compared to KD2.7 billion the previous year, indicating a generally healthy year, said a report.
The property sales more than doubled to KD363 million ($978 million) in December following a solid performance by all three major segments - residential, investment and commercial - after some slowdown in the past few months, according to country’s top lender National Bank of Kuwait (NBK)………………………………………..Full Article: Source


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