Regional real estate sector moves into ”bubble territory”

Published April 10th, 2005 - 07:58 GMT
Al Bawaba
Al Bawaba

The regional stock markets and real estate sectors, which have both posted sustained growth, were “moving into bubble territory,” according to the latest survey carried out by HSBC-MEED.

 

Regional stock markets and real estate sectors were a particular theme taken up in the current HSBC - MEED Middle East Business Confidence Index, which is updated three times a year. The next survey would be executed next month. The principal countries covered by the survey were Saudi Arabia, the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, and Jordan.