Middle East Economic Survey

VOL. LII

No 16

20-Apr-2009

REGIONAL/GCC

Moodys Sees Negative Outlook For Gulf Real Estate Market

Moodys Investors Service projects a negative outlook for the Gulf real estate market, despite the considerable differences that exist among the Gulf Cooperation Council (GCC) countries. In a new report entitled Arabian Gulf Real Estate Market Industry Outlook, Moodys maintains that the property market in the region will be challenged over the coming 12-18 months by three key...