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After an initial sell-off earlier this week due to the US-Israel and Iran war, dollar bonds of property developers in the Middle East have recovered some of the losses. The week began with a strong negative sentiment in global markets with investors flocking to haven assets. In the midst of this, dollar bonds of gulf property developers fell by as much as 4-5%. However on Thursday, their bonds rallied and have partially recovered the move.
In this light, we have compiled a list of popular Middle East property developers’ dollar bonds that mature in the next 3-5 years which have seen a recovery in the prior session.


