Real Estate Consulting and Market studies
Since the issuance of Law No. 74 of 1979 regarding the regulation of non-Kuwaitis’ ownership of real estate, it has been amended three times, the last being two days ago. Foreigners (resident Arabs) own about 19 properties according to available sources.
The most prominent aspect of the recent amendment pushes the Arab owner, husband of a Kuwaiti woman, … Read the rest
“Let’s have something sweet to lighten up”
This is the mentality of most Kuwaitis after finishing a heavy meal. They think eating sweets (adding more calories) helps burn the calories they just consumed.
A brilliant idea instead of thinking about stopping eating altogether and not consuming beyond their needs and capacity. Or perhaps engaging in activities and sports that burn … Read the rest
Perhaps the billionaire’s complaint about high interest rates sums up the whole matter. Monsters devouring each other.
In a report published yesterday by Al-Jarida newspaper, Sawiris complains about the situation and criticizes … Read the rest
Excessive rents suffocate both society and the economy.
How?
After completing a property construction, there is no new product.
True, real estate, whether land or building, is very important, but its social and economic importance is similar to the importance of building foundations that support everything above it: productive people, industrial and production tools, display and storage locations, … Read the rest
