International Property Investment » uae property investments

UAE Real Estate Sector – Still Negative Outlook

Mark Knowles — Mon, 04 May 2009 07:41:24 +0000

A well-respected Kuwait-based investment bank has said that the outlook for the UAE real estate market remains negative.

Kuwait Financial Centre, also known as Markaz, said in a report that oversupply in the property market would likely constrain demand and impede economic growth. Markaz said it expects the UAE’s real gross domestic product to grow this year by 0.7 per cent, down from 5.8 per cent in 2008.

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UAE Reality Check Shows Big Increases in Job Losses and Dropping Confidence

Mark Knowles — Tue, 24 Feb 2009 14:59:06 +0000

These are findings from YouGov’s second ‘Reality Check – UAE’, a monthly research report, designed to help companies prepare for survival in a downturn. The research tracks how UAE consumers are reacting to the global credit crunch and gives industry specific recommendations. 779 UAE residents responded to the survey between 20th-29th January 2009.

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