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Issue No 357 - November 28, 2011
Kuwait real estate sales up 11pc
Kuwaiti real estate sales recovered in September registering a 11.2 per cent year-on-year growth to hit KD199.5 million ($722 million) after slowing down in August mainly due to Ramadan, said a report.
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Mena home finance set for good growth
The Mena mortgage market is set for double digit growth, experts concluded at the Mena Mortgage and Affordable Housing Congress in Bahrain.
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IBQ, NBK launch new property finance solution
IBQ and National Bank of Kuwait (NBK) launched a joint property finance solution that will allow customers to own properties outside Qatar. more
Sorouh rolls out new rental promotion
Abu Dhabi-based Sorouh is offering the tenants of its 65-storey Sun Tower, part of the Shams Abu Dhabi master development on Al Reem Island, an option of 10 per cent cash back or six weeks rent-free under a new promotion. more
Talaat Mostafa land deal valid: court
Developer Talaat Mostafa Group's land contract for its Madinaty project is valid, an Egyptian court ruled, signalling an end to a long-running legal battle over the $3 billion scheme. more
Damac tops out Dubai residence tower
Leading property developer Damac Properties said it has topped out its ‘Suburbia’ residential development at Downtown Jebel Ali in Dubai. more
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