Browse
related articles
Kuwait property market still weak, says KIB
- Kuwait: Sunday, August 09 - 2009 at 11:26
Kuwait International Bank (KIB) has said in a report that weak performance in the country's real estate market continued in the second quarter of 2009, with sales numbers rising, but values falling. There were 1,185 real estate transactions in Q2, 6% more than in Q1. But the value of those transactions fell almost 8% to KD430.7m in Q2 compared to Q1. Total deals in Q2 2009 were 42.5% lower than in the same period in 2008. In Q2 2008, 1,514 transactions were reported at a total of KD749.1m, with KD494,800 on average per transactions, the report said.
Related Content
Article Options
StaffSunday, August 09 - 2009 at 11:26 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
