
Samana Developers Plans $300M Sukuk, Eyes Dubai IPO
Dubai's Samana Developers plans a $300 million sukuk issuance by early next year and is considering a stock market IPO by 2026 to fund its expansion.
#Dubai Real Estate#Samana Developers#Sukuk
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Dubai's Samana Developers plans a $300 million sukuk issuance by early next year and is considering a stock market IPO by 2026 to fund its expansion.

Saudi Arabia's real estate market is projected to reach $132.65 billion by 2033, growing at a 7.0% CAGR, driven by Vision 2030, new foreign ownership laws, and AI integration.

A review of major economic news from the Middle East, including a new $1B Trump Organization project in Jeddah, Lucid's EV manufacturing plans in Saudi Arabia, and Kuwait's shifting immigration policy