Browse
related articles
Kuwait real estate sales jump in June
- Kuwait: Tuesday, July 22 - 2008 at 15:13
Real estate sales in Kuwait saw a significant jump in June following a sharp drop the previous month, according to a report by National Bank of Kuwait. A total of 432 sales transactions were registered at a value of KD 177.4 million. Although unit sales and values were up by 30% and 22% respectively from the previous month, they were down 53% and 28% respectively on a year ago. June's strong performance was largely due to a buoyant month in the apartments and commercial property segment, which saw sales rise 28% by value and 63% by number of units sold, the report said.
Also consider reading:
Today's top stories
Week's top stories
Browse
related articles
- » Abu Dhabi to 'pick and choose' Dubai support
- » Samsung halts Dubai bridge work amidst Dubai debt crisis
- » Moody's: UAE banks with largest exposures to Dubai World remain on review
- » Emirate of Abu Dhabi 'AA/A-1+' sovereign ratings affirmed; outlook stable
- » Fitch downgrades Dubai Bank, Tamweel and TAIB Bank on Dubai World restructuring proposal
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Jeff Florian, Senior Reporter
