Egypt News

Monday
Nov 23rd
  • Login
  • Sign up
    Registration
    Fields marked with an asterisk (*) are required.
    Name: *
    Username: *
    E-mail: *
    Password: *
    Verify Password: *
  • Search
Text size
  • Increase font size
  • Default font size
  • Decrease font size
Home arrow Business arrow Saudi house prices set to rise next two years
Saudi house prices set to rise next two years PDF Print E-mail
Written by Egypt News   
Wednesday, 21 October 2009
House prices in Saudi Arabia will rise in the next two years as its rising population continues to up demand and the economy recovers from a drop in oil prices, Egyptian investment bank EFG Hermes said.

Saudi Arabia will have an annual demand of 160,000 new units each year and up to 50,000 units, EFG said in a report.

"We believe prices have been fairly stable over the past year, but we expect them to start to increase again in 2010 and 2011, particularly if liquidity comes back to the market either through higher oil prices, stock market performance or mortgages," the bank said.

 

 

 

EGYPT NEWS

» No Comments
There are no comments up to now.
» Post Comment
Email (will not be published)
Name
Title
Comment
 remaining characters
Captcha Image
Regenerate code when it's unreadable
 
< Prev   Next >

Cairo Cinema

Adrenalin
 This is It
Egyptian Adrenalin Movie This is It movie for Michael Jackson
Lieutenant colonel Mahmoud Abul-Leil discovers a disfigured anonymous corpse and leads a team of investigators to solve the murder
 Michael Jackson’s This is It will offer Jackson fans and music lovers worldwide a rare, behind-the-scenes look at the performer as he developed
READ MORE
READ MORE

Cairo Events

Beyonce in Egypt Cairo Film Festival 2009
6-7 Nov 2009 10-20 Nov 2009
Beyonce in Egypt Port Ghalib
Cairo International Film Festival 2009
 



Egypt Video

Egyptian National Democratic Party

Egyptian President Hosni Mubarak and National Democratic Part annual conference

Barack Oama Nobel Peace prize: Support and opposition

Barack Oama Nobel Peace prize: Support and opposition

Man of Peace and War (Anwar Al Sadat)

Man of Peace and War (Anwar Al Sadat)

World Climate Conference in Geneva

World Climate Conference in Geneva

Michael Jackson (King of the POP)

Michael Jackson (King of the POP)

H1N1 Epidemic and Pandemic Alert and Response (EPR)

H1N1 Epidemic and Pandemic Alert and Response (EPR)

 

Railway accidents in Egypt

Egypt's national railway system is the biggest in the Middle East, with nearly 5,000 kilometers of ...

 

Battle for honour, liberating the land

Contrary to what was in the Western and Israeli sites said, the 6 October war was a battle to liber...

 

FIFA U-20 World Cup

The FIFA U-20 World Cup, until 2005 known as the FIFA World Youth Championship, is the world champi...

Polls

Do you think the Real State market in Egypt will collapse more?
 
Do you think that the sentence of Talaat Moustafa will affect Talaat Moustafa group shares?
 
Do you think the Transport Minister resignation is the right step after Egypt's latest rail crash?
 

Main Menu

HomeEgypt NewsMiddle EastWorldBusinessScience - NatureEntertainmentSports