Social unrest puting a damper on Middle East real estate markets, says S&P report
Standard & Poor's Ratings published a report named "Social Unrest Rattles Middle East And North Africa Real Estate Markets", in which they analize the current landscape in property markets in the Arabic-speaking countries of the Middle East and North Africa (MENA).
Because of the political unrest and demonstrations that took place recently, some real estate companies are obligated to cover damages from building destruction. It seems like this problems are causing the turists to avoid countries like Egypt and Tunisia.
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