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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 months 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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