Real estate prices in Qatar dropped 6.2 percent from May to September this year, according to a Qatar National Bank (QNB) report.
The falling real estate prices will slow down the rate of increase in rent prices, the report
The prices of housing units are expected to increase up to 15 per cent in the short term, due to the current labour shortage following raids, said a report.
More than 1,200 inspectors raided markets and public places across Saudi
Yemen's annual inflation climbed to a 15-month high of 14.2 per cent in May, mainly due to increases in food, tobacco and qat prices, while June foreign currency reserves fell to their lowest level since August 2012.
British house prices are rising at their fastest pace in seven years, according to an industry survey on Tuesday that may raise concerns that government lending incentives are creating a new property bubble.
The Royal Institution
Saudi Arabia’s real estate sector is considering raising the prices of residential units in the light of soaring labour costs, a report said.
Depending on location and area of the unit, prices start at SR900,000 ($240,000),
The price of 21-carat gold in Bahrain has dropped to an average of BD13 ($33.6) and BD13.8 per gramme this year, as against the average price of BD16 per gramme in 2011 and BD22.5 last year.
Prices of raw gold fell by 30 per cent
In a decision that could reshape how electronic books are sold on the Internet, a federal judge ruled that Apple conspired to raise the retail prices of e-books, and ordered a trial on damages.
The decision by
UAE is cutting the prices of 6,610 medicines by up to 40 per cent from tomorrow (June 6) under a new unified pricing scheme, a report said.
Medications are for chronic high blood pressure, heart disease and diabetes form the major
Gold sales at some of Bahrain's biggest jewellers have doubled as customers take advantage of lower prices that have affected markets worldwide, a report said.
Demand rocketed after the price of yellow metal dropped by as much
The residential property market in Dubai recorded robust growth in nearly all sectors in the last six months with the lower budget end of the villa market registering the sharpest rise in values of 20.2 per cent, a report said.