Steady residential demand from a young and wealthy population and increased government spending on commercial development projects is helping the real estate market get back on track, with clear signs of recovery in the industry. Recent legislation, including new laws giving women stronger homeownership rights, and allowing Islamic banks to offer...
The Kuwait Investment Authority (KIA) has announced plans to invest KD1bn ($3.6bn) in the commercial real estate sector over the next five years. This liquidity injection has the potential to boost property values, stimulate lending and strengthen the financial position of companies. By selectively targeting properties it deems underpriced, the KIA...
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