Qatari residential rents climbing: QNB
- Qatar: Monday, February 25 - 2013 at 04:50
QNB Group has said that house rents are on the rise in Qatar, following four years of deflation, the Peninsula has reported. Housing costs climbed 2.8% last year, compared with the previous year, the report said. The increase was largely due to fresh inflows of expatriate workers to implement the country's major infrastructure projects," the report said, adding that this year will see the house rents further going up, with a modest inflation of about 3.7%, the lender said. "Although housing costs did decline substantially in the first half of 2012, contributing to an average 3.3% fall over the whole year, there was a return to growth in rents in the second half," QNB said.
- PayPal launches in Egypt
- Abu Dhabi Islamic Bank - Egypt arranged and...
- Bahrain's GPZ in deal with 1,800 workers to end...
- Kuwaiti lenders reject loan inflation allegations
- Dubai retains status as one of the world's top...
- Abu Dhabi to have nine new schools open in 2014
- Omantel launches Samsung Galaxy S4 LTE smartphone
- Arabtec workers stage strike in Abu Dhabi, Dubai
- STC launches BlackBerry 10 in Saudi Arabia
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 / 4C 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 / 4C 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 / 4C.
In no event shall AME Info FZ LLC / 4C 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.