GulfBase GCC Cap Indices
Large Cap4,044 0.09
Med Cap4,120 0.12
Small Cap5,252 -0.35
Micro Cap8,971 0.06

Research Reports

Quick Links

Most Viewed News

Most Viewed Companies

Ticker Price Volume
SABIC 97.37 2,673,609
OOREDOO 1200 76,670
EEC 21.89 592,684
EMAAR 7.59 3,995,659
BAHRI 36.79 613,161
ZAIN.TASI 9 3,532,437
QIBK 101 123,007

Economic Brief - Real Estate Activity

Source: NBK Capital

Real estate sales slip in August, but gradual recovery still on track

Sales overview

In its latest economic brief on the monthly statistics of registered real estate contracts issued by the Ministry of Justice (MoJ), excluding sales conducted through agents, National Bank of Kuwait reports that real estate activity weakened in August, but the broader picture remains one of gradual recovery from the very low levels of sales seen for much of last year. The combined number of sales transactions in the residential, investment (i.e. apartment) and commercial sectors was 374 in August, down 9.9% from July. In year-on-year terms, however, sales rose by 12.7% - their first rise in 18 months – thanks largely to very weak sales in August 2008.

Click here to download the complete report
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend


Looking ahead, what change you are more likely to make in investing in your domestic stock market?