Dubai Property Frenzy Sets Developers on a $6 Billion Debt Spree
Property developers in the United Arab Emirates are raising billions through a growing arsenal of funding tools - from Islamic bonds to private credit - as they ride one of...
By Laura Gardner Cuesta · Bloomberg Markets
Property developers in the United Arab Emirates are raising billions through a growing arsenal of funding tools - from Islamic bonds to private credit - as they ride one of the Gulf country’s longest real estate booms in years.