Stronger economic growth and increased domestic employment levels could increase access to credit for real estate in Kuwait, although a decline in the number of expatriates, along with excess stock, may pose challenges for the rental market.
Real Estate
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The launch of Bahrain’s Real Estate Regulatory Authority (RERA) on March 1 seeks to drive growth in the real estate sector by improving industry standards and transparency, moves that could increase foreign investment.
RERA is charged with overseeing the property sector,...
Articles & Analysis | New labour pool and higher standards to help Jordan's construction sector meet increasing demand from The Report: Jordan 2018
While external events have weighed on the sector in recent years, activity has started to pick up and there is reason to expect that this can be sustained. A number of factors, including the country’s sizeable refugee population and the government’s new focus on transport and infrastructure development, point to the potential for higher growth...
Articles & Analysis | Strategies to meet Jordan's rising real estate demand and boost affordable options from The Report: Jordan 2018
Centred on the capital, Amman, Jordan’s real estate sector experienced a largely stable 2016-17 period. Rents and sales prices registered marginal increases in the residential market, while there were slight declines in the commercial segment. Much of this was due to the higher growth and rapid development of recent years, which left a good...
Chapter | Construction & Real Estate from The Report: Jordan 2018
While 2016 saw an overall slowdown in growth in Jordan’s construction sector, there is reason to expect more activity in the near future. A number of factors, including the country’s sizable refugee population and the government’s new focus on transport and infra¬structure development, point to a stimulated sector and increased growth. In addition, any easing of geopolitical tensions in the...
As ongoing volatility continues to hamper growth in the region, Jordan has made significant progress in preserving macroeconomic stability and reducing its fiscal deficit in the past few years. Efforts to the fulfill the stipulations of a $723m extended fund facility agreement with the IMF continue, and the government may need to pursue more widespread reforms to increase income tax revenues and limit tax avoidance so as to sustain recent momentum.