“Modon”: Kuwait is the second most important investor in Arab real estate
Jan 09 , 2023
The “Modon” group revealed that Kuwait was the second most important investor in the Arab real estate sector during the period between 2003 and 2022, with 50 projects implemented by 32 Kuwaiti real estate companies at an investment cost estimated at approximately $27.5 billion, after the UAE, which ranked first with an investment cost of $27.5 billion. $12.6 billion with 182 projects implemented by 84 Emirati companies.
Mudon said that Kuwait witnessed 15 Arab and foreign companies from 9 Arab and foreign countries implementing 15 projects in the Kuwaiti real estate sector during the period between 2006 and 2022, and their total investment cost was estimated at more than $3.6 billion.