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Kuwait real estate sales hits $426m in Aug

The sales activity in the Kuwait real estate market was flat year-on-year for August totaling KD120 million ($426 million) even as the residential sector continued to put up a strong show, according to a report.

The country’s residential sector sales hit KD77.8 million in August, up KD21 million y/y on the back of a high average transaction size, National Bank of Kuwait (NBK) said in its report. more