While Jordan’s property market slowed in 2012, the sector remains healthy, and this strong trend is expect-ed to continue throughout 2013. Current market con-ditions can be attributed to several factors, including a growing middle class, an influx of newcomers from Syria and Libya in need of homes and the caution among developers due to the...
Signs of improvement are beginning to be seen in Jor-dan’s construction sector. Much like other sectors in the country, investment in construction projects has slowed due to geopolitical conditions within the region. Local construction companies, however, are adjusting well to the current climate, and a range of projects are still moving ahead....
The local real estate sector has yet to return to the strong growth of the past decade, but more forward-thinking investors have realised that under the current market conditions, there are still plenty of opportunities for development in Bahrain. Given the recent overall slump of the market, there is less demand for luxury property, including high-...
With regulatory, political and other events adding turbulence to the market in recent years, the residential segment is one of the more dynamic parts of the real estate market in Bahrain. More promising still is that future growth in this sector will be sustainable, in contrast to the often-speculative growth in the sector in the past decade. “...
In the interests of further economic integration and development, the GCC agreed to create a $20bn fund in March 2011 to develop Oman and Bahrain. Under the plan each state is to receive some $10bn in funding as part of the Gulf Development Fund. Independent of this money, Bahrain can also count on $2.5bn from the Kuwait Fund for Arab Economic...
Following the boom years of 2003-08 and the subsequent downturn in the midst of the global financial crisis, the Bahraini construction sector is once again beginning to show signs of growth. The sector was first hit by the 2008 financial crisis, which was compounded later by social unrest in Bahrain. Similar to the experience of nearly every other...
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