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FINANCIAL NEWS
Kuwaiti property sector drops to KWD1.45bn
30 Aug 2016
(MENAFN) Sales of the real estate sector in Kuwait dropped by 25 percent to reach KWD1.45bn from the beginning of this year until mid-summer.
Furthermore, the sector saw the lowest level of sales in July, while housing prices were in line with the fall started in 2015.
In addition, sales of the investment real estate sector fell to KWD61mn in the same month, whereas sales of the commercial real estate sector shrank by 34.7pct.
More News
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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