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Email this article: Weak business laws make Kuwait punch below its weight, says World Bank
Posted: Tue May 29, 2012 9:39 pm
KUWAIT. Kuwait's laws are hampering progress and the Gulf state needs to improve its insolvency laws so that distressed companies can restructure properly.
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UAE. The recent increase in mortgage activity can be attributed towards the rise of end users and investors taking advantage of capital structure through leverage. Structurally speaking, the higher levels of mortgage indicate that there will be lower levels of "flipping".
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