Dubai's Real Estate Giants Sobha and Omniyat Consider Issuing Islamic Bonds

Dubai's Real Estate Giants Sobha and Omniyat Consider Issuing Islamic Bonds
2 days ago

In a strategic move poised to reshape the real estate financing landscape, Dubai's prominent developers, Sobha Realty and Omniyat, are reportedly in discussions to issue Islamic bonds, also known as sukuk. This potential move indicates a growing trend among regional developers to tap into Islamic financial markets, which have gained momentum in recent years.

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Nomura Extends $100 Million Private Loan to Omniyat to Boost Dubai's Real Estate Market

Nomura Extends $100 Million Private Loan to Omniyat to Boost Dubai's Real Estate Market
3 months ago

In a significant move aimed at bolstering the flourishing Dubai real estate sector, Nomura Holdings has granted a substantial private loan of $100 million to Omniyat, a prominent property developer in the region. This financial commitment underlines the strengthened confidence investors are placing in the vibrant Dubai property market, which has witnessed a remarkable resurgence in recent years.

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