Real estate transactions surge in Oman
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Real estate transactions surge in Oman

Real estate transactions surge in Oman

According to figures by Oman's Land Registry, the total volume of real estate transactions in the Sultanate during the first six months of 2010 rose by 60.8% to more than OR992m, compared to OR617m recorded during the same period of last year, Oman Daily Observer has reported. Ownership deals by GCC citizens during the period grew by 40.7% to 2,299, against 1,634 a year earlier. Mortgage contracts during period were 5,784 with a total value exceeding OR698m. The total monetary value of the mortgage was OR392m, the statistics showed.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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