Embassy Of India Promotes North East States As Part Of Vibrant India
The Indian Embassy in Kuwait as part of its ‘Aatmanirbhar Bharat (Self Reliant India)’ – which is part of a special series of events that the embassy is organizing to promote various...
December 09, 2020372Category: India
Amendment Tied To Real Estate Advt Fees
Ministry of Commerce and Industry issued the Ministerial Resolution No. 191/2020 amending some articles of the Ministerial Resolution No. 252/2016 related to fees for advertising real estate offered a...
December 06, 2020417Category: Bollywood
Many Real Estate Companies Achieve Profits In Q3 Of 2020
With the return of life and economic activity in Kuwait, real estate companies listed on the stock exchange have started compensating for the large losses recorded during the first half of this year d...
November 30, 2020327Category: Information
Commerce Issues Decree Regulating Profession Of Real Estate Brokerage
Minister of Commerce and Industry Khaled Al-Roudhan issued a decree regulating the profession of real estate brokerage and barring the practice without obtaining the license from relevant authorities ...
November 10, 2020463Category: Business
The Impact Of COVID-19 On Kuwait’s Real Estate And Commercial Sectors
Covid-19 has had a huge impact on the economy. Due to lockdown, people stayed in homes and stopped shopping except for daily necessities, many have lost their jobs, they were unable to pay rents. Some...
October 20, 2020843Category: Coronavirus
Millions Involved As Real Estate Fraud Case Resurfaces In Courts
The real estate fraud case has resurfaced in the courtrooms again. The Criminal Court has set the session of November 3 for judgment in the case of sale of a chalet in Khairan area “Sabah Al-Ahm...
October 18, 2020558Category: Crime News
Emigration Of Expats To Have Great Impact On Real Estate Sector
The Second Vice- Chairman of Kuwait Chamber of Commerce and Industry Fahad Al-Jouaan in a special statement said a review of the demographics indicates the emigration of expatriates from Kuwait ...
September 01, 2020949Category: Expats
Pay Kuwaiti Citizen, Real-estate Firm Told
The Court of First Instance has obligated a real estate company to pay SAR 450,000 or its equivalent in Kuwaiti currency to a Kuwaiti citizen, and terminated the signed contracts for establishment of ...
January 25, 2019543Category: Crime News
Controls Urged On Real Estate Marketing
The parliamentary Budgets and Final Accounts Committee on Thursday discussed the final accounts and expenditures of the Directorate General of Civil Aviation (DGCA), resulting in the discovery that th...
January 18, 2019410Category: Kuwait
Real Estate Firms Licenses Cancelled
The Ministry of Commerce and Industry has cancelled the license of three real-estate companies and banned 8 persons from engaging in any activity related to the real estate sector, reports Al-Rai dail...
December 26, 2018368Category: Crime News
1,100 Cases Filed – Real Estate Fraud
The Ministry of Commerce and Industry has received approximately 1,100 complaints in 2018 until date concerning real-estate fraud, reports Al-Qabas daily quoting knowledgeable sources.
The daily ad...
December 24, 2018720Category: Crime News
Kuwaitis Duped By Real Estate Cheats For KD 20 Million
After investigating the case, the Public Funds Prosecution has issued a decision to put two businessmen behind bars for 21 days at the Central Prison until the case comes for hearing after accusing th...
December 19, 2018413Category: Crime News
Lack Of Sufficient Info Makes Real Estate Market Incomplete
The local real estate market is incomplete due to lack of sufficient information, which has caused a lot of problems for investors who want to buy real estate, explaining that the issuance of periodic...
December 18, 2018338Category: Kuwait
Case To Evict Kuwaiti Woman From Shop By Real Estate Co. Dismissed
Commercial Circuit at the Court of Appeals chaired by Counselor Haitham Al-Etaiqi with jury members Judge Muhammad Jabr and Judge Abdulfattah Al-Sharqawi upheld the decision of First Instance Court an...
December 07, 2018370Category: Crime News
Complaints Panel Discusses Real Estate Scams
The parliamentary Complaints and Petitions Committee discussed in its recent meeting the real estate scams to which 20,000 citizens have fallen victim since 2007.
Representatives of the Ministry of...
October 25, 2018331Category: Kuwait
Kuwaitis Place 3rd In Turkish Real Estate Sept Acquisitions
Kuwaiti nationals were placed third in the acquisition of Turkish real estate behind the Iraqis and the Iranians for the month of September, said an institute in Turkey on Friday. According to the Tur...
October 21, 2018417Category: Business
Value Of Real Estate Properties Not Changed Since Beginning Of Fiscal Year
Official figures released by the Ministry of Finance revealed that the value of real estate properties of the State has not changed since the beginning of the current fiscal year – KD 12.82 bill...
October 15, 2018471Category: Business
New Real Estate Fraud Surfaces In Gulf
A new real estate fraud case has surface and the number of victims is believed to be 1,000 from various Gulf countries who are said to have paid a whopping sum of $180 million to buy property in Europ...
October 15, 2018479Category: Crime News