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  • mortage

    HIGH EXPECTATIONS? Saudis may be betting too much on mortgage law

    Saudi Arabian banking and real estate shares have surged since the government approved a long-awaited law allowing the development of a housing mortgage industry. But investors may be getting ahead of themselves.

    July 6, 2012 5:31
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    ON TRACK? Bahrain’s economic reform

    Bahrain's ambitious economic reform programme is still on track, the head of the country's sovereign wealth fund Mumtalakat said this week, despite a year of turmoil in the Gulf Arab state as the monarchy tackles a pro-democracy protest movement.

    July 5, 2012 6:08
  • oman protest

    FALLING SHORT? Oman protests suggest jobs and reform pledges are not enough

    An official in the Oman Employment Committee, part of the Ministry of Manpower, said the government created 50,000 jobs but still sporadic protests have taken place since last year's unrest.

    July 5, 2012 5:28
 
 
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    Historic Saudi mortgage reform faces big hurdles

    Saudi Arabia is conducting one of its biggest economic reforms in years by allowing housing mortgages to be offered in the kingdom, but structural problems such as high land costs may prevent the market from booming any time soon.

    July 4, 2012 10:21
 
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