Projects in Kuwait Stalled Due to Non-Payment of Dues

• Wednesday, 28th December 2016
• by Farah Montasser

Projects worth nearly KWD 4 bn are currently stalled in Kuwait due to the delay of payment of dues by the government, reported Reuters Zawya.

Azmeel to Expand its Investments in Gulf Countries

• Thursday, 22nd December 2016
• by Farah Montasser

Azmeel Group, real estate company, is to expand its investments in the Gulf, following its recent participation at Elite Real Estate Exhibitions (EREEX 2016) held in Qatar and Kuwait, according to Chairman Ahmed Shah ...

Chinese MCC to Build Kuwait Hospitals

• Wednesday, 14th December 2016
• by Farah Montasser

Kuwait Health Assurance Company (KHAC) signed a KD 162 mn deal with China Metallurgical Group Corporation (MCC) over the construction of two hospitals, reported Arabian Business on Tuesday

Kuwait Real Estate Faces Slowdown -IMF

• Sunday, 20th November 2016
• by Karim Mohy

Kuwait's real estate market faces a slowdown in value and volume of sales as well as risks from a prolonged period of low oil prices, according to the International Monetary Fund (IMF).

Egypt’s Arab Contractors Completes Major Hospital in Kuwait

• Tuesday, 15th November 2016
• by Karim Mohy

Egypt-based Arab Contractors Company has completed the construction of Sheikh Jaber Al-Ahmad Al- Sabah Hospital in Kuwait, considered the world’s sixth largest hospital.

United Real Estate Sees Rise in Profits in Q3

• Wednesday, 2nd November 2016
• by Karim Mohy

Kuwaiti real estate developer United Real Estate Company (URC) announced on Monday a net profit of KWD 4.91 mn for the first nine months of 2016.

New Four Seasons Hotel to Open in Kuwait

• Monday, 17th October 2016
• by Tim Nanns

Four Seasons Hotels and Resorts along with Alshaya on Monday announced plans for a new Four Seasons hotel in downtown Kuwait City.

EFG Hermes Foundation Announces Milestone in its Al Makhzan Poverty Alleviation Program

• Sunday, 16th October 2016
• by Joana Saba

EFG Hermes Foundation announced the completion of a milestone in its Project Al Makhzan poverty alleviation program in Qena made possible by an EGP 9 million contribution by the Kuwaiti Initiative Group for the Suppo ...

Kuwaiti Authorities Place Travel Ban on 20 Real Estate Executives

• Thursday, 13th October 2016
• by Tim Nanns

Kuwait has issued a travel ban on 20 real estate executives who are being accused of fraud.

Kuwait Real Estate Market Stagnates

• Monday, 10th October 2016
• by Tim Nanns

Kuwait's real estate market recently witnessed stagnation due to low demand and an oversupply, yet there is the possibility of a revival early in 2017, according to experts.