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FINANCIAL NEWS
Kuwait’s real estate market liquidity grows by 7pct
21 Aug 2017
(MENAFN) Kuwait’s real estate market increased 7 percent last month to 190.2mn dinars from 177.7 dinars a month earlier and 26.8 percent higher from year ago levels.
Last month, property trading, which included 430 deals, involved 163.3mn dinars worth of deals and 57 for agencies.
Meanwhile, the Mubarak Al-Kabir and Ahmadi governorates posted the most number of transactions with 116 each, trailed by the Hawally governorate with 58 and Farwaniyah with 39.
Currently, the commercial sector turned in 13.7mn dinars in July, 27 percent higher than the 10.9mn posted a month earlier.
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MENAFN2108201700450000ID1095753555
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