Dubai Real Estate Boom Sparks Investor Rush Despite Warnings
The national flag of the United Arab Emirates flies outside the offices of Meraas Holding in Dubai.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
Welcome to the Mideast Money newsletter, where we chronicle the intersection of money and power in a region that's become one of the most influential in global finance. I’m Laura Gardner Cuesta, Bloomberg News’ Middle East equity capital markets reporter, filling in for Adveith Nair.
This week: Saudi Aramco’s borrowing spree, HSBC’s job cuts and a plunge in private equity fundraising. But first, let’s break down the broader signals from two recent IPOs in the region.