Oman's real estate activity spikes

Muscat: The traded value of real estate activity in Oman exceeded OMR1.3 billion as of the end of June.

This is a 30.4 per cent increase over the values for the same period last year, according to what was reported by the National Centre for Statistics and Information.

"As many as 129,149 were issued for ownership, a 68.1 per cent increase over last year. Members of the Gulf Cooperation Council were issued 353,000, an increase of 96.1 per cent."