Dubai Ruler’s Firm Refinances $8.2 Billion to Tap Property Boom Featured Image

Dubai Ruler’s Firm Refinances $8.2 Billion to Tap Property Boom

May 8, 2024

Dubai Holding refinanced a 30 billion dirham ($8.2 billion) loan to replace older facilities at the two state-backed developers it absorbed last month, better positioning itself to capitalize on a boom in the city’s real estate market.