ID:
1558010991865989500
Thu, 2019-05-16 15:48
DOHA: Qatari banks face growing pressure from high exposure to the country’s sluggish real estate market, hit by oversupply tied to preparations for its 2022 World Cup, ratings agency Fitch said.
The tiny but wealthy Gulf state has seen its rental prices slide by 20 percent over the past three years. Analysts expect these prices to fall further as a wave of projects tied to the tournament come online over the next three years.
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from ArabNews http://bit.ly/2YvHDph
via Latest News of Dubai
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