News On Real
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, 2019 429 Category: 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, 2019 367 Category: 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, 2018 286 Category: 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, 2018 364 Category: 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, 2018 359 Category: 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, 2018 279 Category: 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, 2018 330 Category: 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, 2018 291 Category: 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, 2018 370 Category: 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, 2018 394 Category: 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, 2018 437 Category: Crime News
A Law Allows Some Expats To Own One Real Estate Property The Civil Service Commission (CSC) is getting ready to designate 90 monitors to the employment affairs departments in different public institutions and ministries to follow up implementation of the de... September 02, 2018 389 Category: Kuwait
Real Estate Firm Chief Caught In Cash Fraud The Misdemeanor Court sentenced the board chairman of a big real estate company to six months in prison for swindling a female citizen to the tune of KD 50,000. The Public Prosecution charged the susp... September 02, 2018 304 Category: Crime News
Departure Of Expats Have No Negative Impact On Real Estate Market  A number of real estate experts affirmed that the recent departure of a large number of expatriates from the country did not negatively impact the real estate market, clarifying that the inflati... August 19, 2018 589 Category: Kuwait
Info Systems Databases In Real Dangers, Cautions SAB In spite of recent directives from the Council of Ministers to government departments directing the ministers and senior officials to change the method of dealing with disasters and emergencies, State... August 07, 2018 285 Category: Kuwait
Fake Real Estate Deals New real estate fraud and swindling cases have emerged and the value ranges from KD 100 million to KD 200 million, reports Al-Qabas daily quoting sources. Sources revealed the courts set the final sum... July 24, 2018 349 Category: Crime News
Kuwait’s Real Estate Sales Strong In First Quarter Of 2018 The first quarter of 2018 saw a pick-up in real estate activity, driven in particular by strong sales in March. Sales reached KD 767 million in 1Q18, 45% of which took place in March. The pickup at... June 12, 2018 877 Category: Economics
Over 3,000 Kuwaitis Have Own 5,700 Real Estate Units In UAE’s Sharjah Turkish Foreign Minister Mevlut Cavusoglu said on Saturday Kuwait is playing a great role in attaining regional peace and stability, touting its efforts in this regard as “constructive”. ... May 13, 2018 762 Category: Kuwait
Real Estate Fetching Good Rates In Kuwait Secretary General of Kuwait Real Estate Association Qais Al-Ghanim has denounced the manner in which some building owners are promoting their flats lately and obliging tenants to pay six months rent i... March 28, 2017 598 Category: Kuwait
Minister Urged To Solve Real Estate Sector Woes Secretary General of Kuwait Real Estate Association Qais Al-Ghanim says the association has presented some requests to the current Minister of Commerce and Industry and State Minister for Youth Affair... March 08, 2017 566 Category: Kuwait
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