العربية
Business

Oman real estate transactions fall 0.7% to $6.1bn in 9 months

In the first nine months of 2026, Oman’s real estate transactions totaled over $6.1 billion, marking a 0.7% decline from the previous year due to a drop in mortgage transaction values, despite a 15.9% rise in property sale contracts. While the total number of property sales slightly decreased, the traded value of mortgage contracts fell by 11.7%, and property ownership deeds issued also saw a significant decline of 15.5%. Oman's real estate prices, however, accelerated with a 22.7% overall increase in the second quarter.

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Inflation in Saudi Arabia reaches 1.7% in October

Inflation or Consumer Price Index (CPI) in Saudi Arabia registered an annual increase of 1.7 percent in October 2026 compared to the same month last year, according to data released on Sunday by the General Authority for Statistics (GASTAT).

Saudi Gazette