06.05.2011 - Kuwait's property sector poised for more growth
According to several recently published reports, the outlook for Kuwait's real estate sector is looking up. After hitting a low in 2009, the real estate market has begun to show signs of recovery and following robust expansion in 2010, the sector appears poised to see further growth this year. On April 22, Kuwait Finance House (KFH), the country's largest sharia-compliant financial institution, issued a report detailing the first-quarter performance of the domestic real estate sector. The KFH report estimated that the total value of real estate transactions - including the residential, investment and commercial segments - grew by 5.3% over the previous quarter..............................................Full Article: Source
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