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Buoyed by strong macroeconomic fundamentals, the real estate sector in GCC economies is on a solid trajectory and is likely to witness acceleration during in the first half of the year, said a new report.
Kuwait's real estate sector has mostly recovered from the crisis triggered by Covid-19 pandemic with the uptrend mainly driven by increased transactions in residential and commercial segments on the back of optimism over a robust economy, said an expert.
GCC real estate sector is on a solid trajectory with the growth being spearheaded by regional heavyweights Saudi Arabia - which bounced backed with new giga projects such as Neom and Red Sea Project and UAE posting growth in rentals and property prices.
Doha Bank recently hosted a virtual customer connect meeting under the theme ‘Bilateral and Synergistic Opportunities between Qatar and Kuwait’.
Doha: There are many great opportunities for investment and trade between Qatar and Kuwait. The pandemic has led banks and customers to use digital to...