Latest news with #Samana
Gulf Today
a day ago
- Business
- Gulf Today
Samana Developers Ascends to 5th Highest Off-Plan Seller in Dubai, Bolstered by Record-Breaking Sales and Ambitious Expansion
Samana Developers, an award-winning real estate developer based in Dubai, is proud to announce its ranking as the 5th highest off-plan seller in volume for the first half of 2025, according to Property Monitor and Oqood. This impressive achievement reflects a period of unprecedented growth, record-breaking sales, and a robust pipeline of new projects, firmly establishing Samana Developers as a leading force in Dubai's thriving real estate market. Ascending the Ranks: Rapid Growth and Market Share Samana Developers has demonstrated an extraordinary trajectory in recent years. The company achieved a staggering 600% growth in 2023 and secured a 2.8% market share in off-plan sales during the same year. This rapid expansion propelled Samana into the esteemed ranks of Dubai's top seven developers in 2024, where it now commands a noteworthy 4.4% market share in off-plan sales and manages a substantial portfolio valued at over AED 17 billion . Record-Breaking Sales Performance June 2025 marked a historic milestone for Samana Developers, with best-ever monthly sales reaching an unprecedented AED 1.1 billion . This outstanding performance contributes to a robust 40% growth in sales for the first half of the year compared to the previous year, solidifying Samana's position as the 5th among top property developers in off-plan sales for H1 2025 in Dubai. A significant factor in this success is the strong international demand, with 86% of Samana Developers' sales attributed to foreign investors , further highlighting Dubai's enduring appeal as a secure and high-growth investment destination. Ambitious Project Pipeline and Timely Deliveries Samana Developers launched 12 new projects in 2024 alone . Building on this momentum, the company has set an ambitious target to launch 18 projects by the end of 2025 , adding 8 more than their target for 2024. Samana Developers has already delivered four projects to date and plans to hand over an additional four by the close of 2025, further solidifying its reputation for timely delivery and quality construction. Commenting on this achievement, Imran Farooq, CEO of Samana Developers , stated: "Our exceptional growth, including a 40% increase in sales in H1 2025, is a direct reflection of Dubai's robust and expanding real estate market. The latest data indicates that the overall Dubai residential sales, combining villas and apartments, have risen by 38% in value in the first half of 2025 compared to the same period last year, reaching AED 262.7 billion. This strong market performance, fuelled by sustained investor confidence and a growing population, provides an ideal environment for our strategic expansion and commitment to delivering high-quality, innovative projects." Resort-Style Living: A Differentiating Factor Samana Developers has become widely regarded for its pioneering approach to "resort-style living." Their developments consistently feature an array of luxurious amenities, including private swimming pools in many units, expansive green spaces, state-of-the-art fitness centres, and tranquil terraces. This focus on creating immersive, vacation-like residential experiences sets Samana apart, offering residents an unparalleled blend of comfort, wellness, and sophistication within an urban setting. About SAMANA Developers SAMANA Developers, an award-winning real estate developer based in Dubai with growing international portfolio. With a focus on creating sustainable and elegant living spaces, SAMANA Developers has seamlessly delivered a wide range of residential and commercial projects climbing to the top seven highest off-plan sellers in 2024. Known for their innovative designs, premium amenities, and prime locations, SAMANA Developers' projects have set new standards in the UAE real estate market. The company's dedication to excellence has earned them a reputation for delivering exceptional value and investment opportunities with more than 1,300 units handed over and 10,000 units under construction. SAMANA has scooped multiple esteemed awards for pioneering concepts, innovative designs, and sustainability. For more information, please visit . For Media inquiries, please contact: Mohammad Al Sharu Senior Manager PR & Media Relations T: +971 55 667 2342 | E: [email protected]
Yahoo
24-06-2025
- Business
- Yahoo
Markets edge higher Monday after Iran fires missiles at U.S. base in Qatar
U.S. stocks rose and oil prices fell Monday, showing investor calm in the face of Iran's attack on a U.S. military base in Qatar. Markets are holding steady due to strong fundamentals and historical resilience despite the threat of yet another military installation. Stocks rose Monday and oil prices dropped even after Iran launched a missile attack on a U.S. military base in Qatar, in what experts are saying is a restrained response to prior U.S. strikes. The Dow Jones industrial average closed 0.89% higher Monday, while the S&P 500 rose 0.96% and the Nasdaq composite gained 0.94%. The U.S. joined Israel's war against Iran over the weekend, carrying out strikes against three Iranian nuclear sites. That's adding even more uncertainty to markets, which have been dealt tough hand after tough hand this year, including the Trump administration's erratic tariff policies, an ever-growing national debt, uncertain budget bill, and now conflict with Iran. Iran responded by launching missiles at the U.S.'s Al-Udeid military base in Qatar on Monday, an attack that yielded no U.S. casualties, according to reports. Markets barely reacted and oil prices fell, indicating they could be waiting for a more forceful response before making any major movements, says Sameer Samana, head of global equities and real assets at the Wells Fargo Investment Institute. 'Historical precedent of markets selling off initially, only to recover and make new highs, has led investors to be a bit more level-headed about their reaction,' says Samana about the little movement seen since the U.S. strikes. 'Markets want to see how Iran responds prior to making a determination on how it might impact the macroeconomic story.' Monday afternoon, President Donald Trump posted on his social network that the nuclear sites hit by the U.S. over the weekend 'were totally destroyed.' 'Only the Fake News would say anything different in order to try and demean, as much as possible,' the president of the United States posted. 'It never ends with the sleazebags in the Media, and that's why their Ratings are at an ALL TIME LOW — ZERO CREDIBILITY!' Iran could still cut off access to the Strait of Hormuz, a key shipping route for oil and gas that the country controls. Though Iranian lawmakers have approved its closure, it remained open Monday afternoon. 'We would argue that while there is some risk of markets selling off on a variety of events, the fundamentals remain strong enough for markets to continue their run higher into next year,' says Samana. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-06-2025
- Sport
- Yahoo
Rafael Devers ghosted Alex Cora last offseason (report)
Apparently spring training wasn't the first communication breakdown between the Red Sox and Rafael Devers. In an ESPN exposé on in the inner workings of the Red Sox, Jeff Passan detailed the way things fell apart with Devers. Passan said that over the winter, as the Red Sox were pursuing Alex Bregman, Alex Cora wanted to fly to the Dominican Republic to meet with Devers in person. Advertisement The manager didn't get a response. 'When the prospect of Bregman going to Boston surfaced, (Craig) Breslow assured Devers' camp that nothing serious was afoot — and that if it were, he would let Devers know,' Passan writes. 'Cora wanted to meet with Devers in the Dominican Republic during the offseason, but Devers did not respond to messages, which was not entirely surprising — he typically goes off the grid upon his winter retreat to Samana — but disappointed some in the organization." Communication only got worse from there, as Bregman signed, Devers felt slighted when asked to move off third base, and believed he was even more disrespected when the team asked him to play first base following Triston Casas' injury in May. 'The internal options were limited,' Passan writes. 'Breslow approached Devers about moving to first. Devers couldn't believe it. He had already changed positions against his will once. Now the Red Sox were asking him to do it again. The disrespect galled him. The team didn't believe the ask was too much. They hadn't asked him to be a clubhouse leader, a role for which he wasn't particularly well-suited. They didn't belabor his fitness or weakness in the field. This is what the money was for: to play where the team needed him to play and keep raking like one of the best hitters in the world.' More Red Sox coverage Read the original article on MassLive.
Business Insider
16-06-2025
- Business
- Business Insider
Jefferies Sticks to Their Hold Rating for Twilio (TWLO)
In a report released today, Samad Samana from Jefferies maintained a Hold rating on Twilio (TWLO – Research Report), with a price target of $132.00. The company's shares closed last Friday at $113.39. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Samana covers the Technology sector, focusing on stocks such as HubSpot, ServiceNow, and Verint Systems. According to TipRanks, Samana has an average return of 3.8% and a 47.72% success rate on recommended stocks. Twilio has an analyst consensus of Moderate Buy, with a price target consensus of $128.83.
Business Insider
09-06-2025
- Business
- Business Insider
Jefferies software analyst holds an analyst/industry conference call
Software Analyst Samana, along with Sam Melehy, Practice Lead at Enterprise Vision Technologies and SerivceNOW Partner, discuss the current enterprise demand environment, as well as pipeline activity for the rest of 2025 on an Analyst/Industry conference call to be held on June 9 at 2 pm. Webcast Link Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
