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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Monday, November 17, 2008

Oman Real Estate Booming Despite Global Crunch

Real estate booming in Oman despite global crunch
Zawya - United Arab Emirates
JEDDAH: The worldwide credit crunch has not impacted Oman's economy, especially its real estate sector, a top real estate expert from Oman said yesterday.
"Banks in Oman continue to offer mortgage facilities for real estate buyers," Abdullah Khamis Al-Shidi, deputy CEO of The Wave, Muscat told a press conference at the launch sale of luxury apartments and villas at the Jeddah Hilton's Qasr Al-Sharq yesterday. ...

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