PROPERTY

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Kuwait real estate deals rise 15% despite drop in transaction value

Kuwait’s real estate market recorded a 15% rise in transactions during the second week of May, driven by strong activity in the residential sector despite a decline in overall transaction values. Residential demand continued to support market activity, while commercial real estate saw a sharp slowdown amid higher financing costs and cautious investor sentiment.

Reading Time 3 minutes
19/05/2026

money

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Rising Bond Yields and Fed Uncertainty Signal More Volatile Markets Ahead

Rising global bond yields and uncertainty around the US Federal Reserve are increasing market volatility, as investors reassess inflation risks, interest rates, and global economic conditions.

19/05/2026
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Kuwait contractor HEISCO renews $45mln loan facility

Kuwait’s Heavy Engineering Industries and Shipbuilding Co. (HEISCO) has renewed a KD14 million ($45.4 million) credit facility agreement with a local bank to support its operational activities, marking the company’s second facility renewal this month following an earlier KD96.06 million agreement. The engineering and shipbuilding firm has also continued expanding its project portfolio in 2026, including securing a $565 million contract from Kuwait Oil Company in April.

18/05/2026
By Gregory Zuckerman and Vicky Ge Huang 14/05/2026
By Chip Cutter and Lauren Weber 12/05/2026

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