Tag Archives: Kuwait

Kuwait faces real estate crisis as expats leave

Manama: More than 75,000 flats in Kuwait are empty and need to be “absorbed” by the real estate market in four to five years, a study has warned. According to Kuwait Real-Estate Union secretary general Ahmad Al Dewaihees, there are currently 49,130 empty flats in Kuwait and 26,466 more under construction. The percentage of flats being used has dropped by Read More