Middle East Economic Survey
VOL. LII
No 26
29-Jun-2009
syria
Real Estate Investment Outpacing GDP Growth In Syria
The growth of the Syrian real estate sector outpaced GDP growth in four out of the last five years, according to data from the Syrian Central Bureau of Statistics. The trend began in 2005, when several Gulf developers (UAEs Emmar and Majid al-Futtaim, Kuwaits Aref Investment Group and al-Aqeelah, as well as Qatari Diar) announced that they planned to launch major residential, commercial...
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