Credit Agricole has painted a vivid forecast for the UAE hinged on a surge in new orders and activity advent, which hit a 3-month excessive in may additionally. The financial institution said the UAE economic system were undeterred through decrease oil expenses Downtown Dubai Real Estate.

In conjunction with the UAE, Saudi Arabia’s output and new orders additionally increased, but the boom charge of the kingdom eased, said Crédit Agricole record, ‘Macro remark — Mena replace.

The news is a welcome sign for the nation that has been engulfed in poor rumours about its real estate market. At the same time as many have been quick to draw conclusion following the discharge of popular & bad’s outlo ... Read more »