Robust economic growth to support Kuwaiti banks, says Moody's
The outlook for Kuwait's banking system remains stable as robust economic growth will support credit conditions, Moody's Investors Service said.…
Property & Real Estate
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Saudi Arabia plans $6bn surge in mortgage refinancing
Saudi Arabia’s first mortgage refinancing firm aims to raise its holdings of home-loan portfolios by 10 times this year, as…
Bahrain’s Investcorp acquires two US properties for $164m
Bahrain investment firm Investcorp has acquired two residential properties in South Florida for $164m. The most recent acquisition has…
Ultra-wealthy people in GCC expected to grow by 26%
The number of Ultra High Net Worth Individuals in the Gulf Cooperation Council (GCC) is expected to grow by 26…
Kuwait registers $12.08bln real estate deals in 2019 – KFH
The real estate sector in Kuwait has continued its positive trajectory that started four years ago, as it recorded sale…
GFH properties announces signing of top international retail brands to Harbour row
GFH Properties has announced the signing with top tier international brands that will establish their franchises as part of the…
Saudi's SEDCO Capital fund eyes $240mln property acquisition
Saudi-based global asset management firm SEDCO Capital said that its real estate trust fund is eyeing the acquisition of a…
Edamah signs property management agreement with Bahrain development bank to manage and operate Sitra mall
Bahrain Real Estate Investment Company (Edamah) has signed a property management agreement with Bahrain Development Bank whereby Edamah will take…
Gulf Islamic Investment buys property in New York state
Gulf Islamic Investments acquired an office building located close to US Federal, Supreme, District and County courthouses in upstate New…
Azizi Developments appoints Executive Director of Sales and Agency
Azizi Developments has strengthened its senior executive team with the appointment of a seasoned Executive Director of Sales and Agency,…
Revealed: Most popular projects in Dubai for off-plan sales in 2019
Dubai witnessed strong off-plan property sales in 2019, with the volumes during the first nine months of the year alone…
Bahrain’s Investcorp acquires two US properties for $164m
Bahrain investment firm Investcorp has acquired two residential properties in South Florida for $164m. The most recent acquisition has…