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FINANCIAL NEWS
Kuwait’s real-estate sector to weaken in 2016
23 Dec 2015
(MENAFN) Kuwait expects to witness a noticeable drop of prices of investment and residential units over the following year, based on experts’ data.
In particular, the negative outlook is mainly driven by the continuous deterioration of oil prices, let alone the recent interest raise on the Kuwaiti dinar.
Early this year, housing units’ prices weakened 20 percent compared to the previous year, plus the distribution of plots noticeably affected the prices.
Meanwhile, if oil prices fell further along with elevated concerns of global economic crises, the commercial sector will be impacted the most.
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
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BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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