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For your information

by Executive Editors

Construction growth in 2009 During 2009, real estate and construction indicators in Lebanon increased year-on-year, except the number of construction permits, which fell by 10.8 percent. This drop was due to a massive dip in the last month of the year; until November 2009, the number of construction permits was 5.6 percent higher than the same period in 2008, according to Bank Audi. In December, the number dropped 44.4 percent compared to December 2008. Jordan expands “decent housing” Beginning in February, the Ministry of Public Works and Housing in Jordan introduced a new scheme which made it easier for citizens to buy property, under the $7 billion “Decent Housing for Decent Living” initiative launched by King Abdulla bin al-Hussein in 2008. The five-year program aims to provide thousands of housing units for low and limited income Jordanians, civil servants, Jordan armed forces personnel and civil and military retirees, according to

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