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Kuwait's Abyaar wins financing deal

Construction Week Online 29.06.2009
Kuwait's Abyaar wins financing deal

Kuwaiti developer Abyaar Real Estate Development Co has announced that it was won US $62.5 million (KD18 million) in financing from the Bank of Kuwait and the Middle East (BKME).

Real Estate Event in Kuwait

Under the title of «The Effects of the Economic Crisis on Real Estate Marketing Activities», Rawaj Real Estate Marketing Co. organized in the Shamia Conference Room, Holiday Inn Downtown, "The First Rawaj Real Estate Forum" on Monday, June 22nd, 2009, which brought together some 80 specialists in real estate and real estate investments, as well as the participation of 53 listed and non-listed Kuwaiti companies. Topics in the forum revolved around many aspects of development in the local real estate market as well as ideas to meet the challenges of the crisis. The effects of the crisis were discussed on four main fronts: real estate products, pricing, sales channels, and means of promotion.

Earnings for real estate companies to contract by 20% - Markaz study

M.R.Raghu and Venkateshwaran Ramadoss, the authors of the report, note that the earnings of Real Estate (RE) companies in GCC is likely to contract by 20% in FY 2009.

Kuwait's Noor to launch $175m real-estate fund

BEIRUT: Kuwait's Noor Financial Investment is set to launch a $175 million real estate fund in the second quarter of 2009 looking to tap on to growing opportunities in the sector, sources close to the company said on Sunday.

Bulgaria Real Estate Aims at Impressing Kuwait Investors

Bulgaria is participating in the international exhibit "Investments and Real Estate 2009" in Kuwait with its own exhibit pavilion.

Middle East offers much more than just Dubai

The image of boom and bust in the Dubai property market is one that creates a murmur of discontent in other Gulf states where the likes of Abu Dhabi, Qatar, Kuwait and even Saudi Arabia prefer to emphasize their own individualities.

Property sales fall in Kuwait

Go Wealthy 22.03.2009
Hotel Missoni Kuwait: All the Colorful Details

The Missoni Hotels are coming! The Italian fashion brand famous for its loud, brightly-colored prints, Missoni, is getting set to debut its first two hotels — one in Edinburgh, Scotland this Spring, followed by a Kuwait City property set to debut in August or September.

Property sales fall in Kuwait

According to official data, Kuwaiti real estate sales have fallen 35.2% in February 2009, i.e., the 11th straight month of decline. Property sales, especially for residential units, have been falling since the state restricted private firms from residential real estate deals last year.

Kuwait property sales slide 35% in February

Kuwaiti property sales fell 35.2 per cent in February, the eleventh straight month of decline, official data showed earlier today.

Kuwait property sales slide 35% in February

Kuwaiti property sales fell 35.2 per cent in February, the eleventh straight month of decline, official data showed earlier today.


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