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Kuwait's property market sees sustained growth - Kuwait 2022

Kuwait’s construction and real estate sectors rebounded in the years preceding the Covid-19 pandemic following the 2017 unveiling of New Kuwait 2035, the government’s overarching development blueprint, heralding an extensive infrastructure pipeline. This sparked growth in construction activity, and saw a host of new residential and commercial properties enter the market. In spite of that ....

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Kuwaitis, expats spending dips - ARAB TIMES


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KUWAIT CITY, May 10: The spending rate of citizens and expatriates declined by 3.4 percent in the first quarter of 2021 a total of KD 5.4 billion compared to KD 5.6 billion in the fourth quarter of 2020, reports Al-Anba daily. This is attributed to the re-implementation of closure measures to curb the spread of coronavirus, partial curfew in March, and travel restrictions which limited citizens’ travels for tourism purposes. Thus, their spending decreased in the first quarter of this year. In the fourth quarter of last year, the country witnessed a partial breakthrough in the restrictions imposed to address the pandemic and the gradual return to normal of various economic activities. ....

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Suez Cement sells majority stake in Hilal Cement

Suez Cement sells majority stake in Hilal Cement
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