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Plunging oil prices hit real estate market in Oman

2014-12-06 16:33:08| Real Estate - Topix.net

The growth enjoyed by the real estate market in 2011 and 2012 was due to the policy of the Ministry of Housing to distribute residential plots to most of the citizens in the Sultanate. Photo - File Muscat: The real estate market, not just in the Sultanate, but in the other Gulf Cooperation Countries as well, is strongly associated with national economic activities involving funds derived from crude oil exports.

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