What is Emirates NBD Group’s USD 2.25 billion financing deal announced in 2026?

Emirates NBD Group successfully closed USD 2.25 billion in long-term financing, comprising a USD 1.75 billion five-year sustainability-linked syndicated term loan arranged by Emirates NBD and a USD 500 million five-year Club Commodity Murabaha term facility arranged by Emirates Islamic. Together, the facilities represent one of the largest syndicated borrowings in the GCC region.

How was Emirates NBD’s USD 1.75 billion sustainability-linked syndicated loan structured?

The sustainability-linked loan was structured as a five-year syndicated term facility aligned to sustainability performance metrics. Initially launched at USD 1 billion, strong international demand resulted in oversubscription of more than two times, allowing the facility size to be increased to USD 1.75 billion.

Why was Emirates NBD’s sustainability-linked loan oversubscribed by global investors?

The oversubscription reflects strong global investor confidence in Emirates NBD’s credit strength, supported by its solid balance sheet, disciplined financial management, and established track record in accessing international capital markets.

What are the key benefits of this long-term USD financing for Emirates NBD Group?

The transaction strengthens the Group’s liquidity position, diversifies its funding sources, enhances its long-term USD funding profile, and supports the execution of Emirates NBD Group’s strategic growth ambitions while enhancing shareholder value.

How does the USD 1.75 billion sustainability-linked loan support Emirates NBD’s strategy?

The facility supports Emirates NBD’s strategy by providing long-tenor USD funding at competitive pricing, reinforcing the Group’s commitment to sustainable finance and enabling continued investment in long-term growth priorities.

What does the oversubscription of Emirates NBD’s syndicated loan indicate about its credit profile?

The strong oversubscription indicates high levels of international lender confidence in Emirates NBD’s credit quality, resilience, and future prospects despite a challenging regional and global environment.

How did Emirates NBD achieve tight pricing despite volatile market conditions?

Despite global and regional market challenges, the sustainability-linked loan achieved the tightest pricing in Emirates NBD’s history for a syndicated loan, reflecting strong lender appetite, effective execution, and the Group’s standing as a preferred counterparty.

Why do international banks participate in Emirates NBD’s syndicated financings?

International banks participate due to Emirates NBD’s strong balance sheet, transparent governance, and the UAE’s robust regulatory framework, all of which underpin confidence in the Group as a long-term partner.

Is this one of the largest syndicated loan transactions in the GCC banking sector in 2026?

Yes. The combined USD 2.25 billion financing represents one of the largest syndicated borrowings in the GCC region in 2026.

How does this transaction reflect the UAE’s financial sector resilience?

The strong participation from 15 financial institutions across the Americas, Europe, and Asia highlights continued confidence in the UAE’s economic resilience, regulatory environment, and its banking sector’s access to global liquidity.

How does Emirates NBD compare to other regional banks in accessing international capital markets?

The transaction reinforces Emirates NBD’s established presence in international loan markets and demonstrates its ability to consistently access diversified global funding sources at competitive terms.

What is a Club Commodity Murabaha facility?

A Club Commodity Murabaha facility is a Shariah-compliant financing structure commonly used in Islamic banking, where funds are provided through commodity-based transactions in accordance with Islamic principles.

How did Emirates Islamic structure its USD 500 million Club Commodity Murabaha facility?

Emirates Islamic arranged a USD 500 million five-year Club Commodity Murabaha term facility, achieving highly competitive pricing among regional Islamic peers and completing the transaction within an accelerated timeframe.

How does Emirates NBD Group integrate conventional and Shariah-compliant financing?

Through its dual-banking model, Emirates NBD Group combines conventional financing solutions with Shariah-compliant structures via Emirates Islamic, enabling it to serve a broad range of institutional and investor needs.

Why is Emirates NBD Group considered a leader in Shariah-compliant sustainable finance?

The Group has a strong track record in integrating sustainability with Islamic finance, including Emirates Islamic’s issuance of the world’s first sustainability-linked financing sukuk in 2025 and continued leadership in Shariah-compliant funding solutions.

What is a sustainability-linked loan?

A sustainability-linked loan is a financing structure where pricing or terms are linked to the borrower’s achievement of predefined sustainability performance targets, aligning financing with ESG objectives.

How does sustainability-linked financing support long-term banking strategies?

Sustainability-linked financing aligns funding strategies with ESG commitments, supports responsible growth, and strengthens engagement with global lenders increasingly focused on sustainable finance frameworks.

How is Emirates NBD embedding sustainability into its capital markets activity?

Emirates NBD integrates sustainability considerations across its financing activities, supported by its leadership in sustainability reporting, sustainable finance structures, and ESG-aligned funding instruments.

How many financial institutions participated in the transaction?

The combined transaction attracted participation from 15 financial institutions across the Americas, Europe, and Asia.

Which institutions acted as coordinators on the transaction?

Bank of America, BNP Paribas, DBS Bank Limited, and Emirates NBD Capital Limited acted as Coordinators, Book-Runners, and Sustainability Coordinators on the Emirates NBD transaction. Emirates NBD Capital Limited acted as sole coordinator for the Emirates Islamic transaction.

Why is this transaction strategically important for Emirates NBD Group?

The financing reinforces Emirates NBD Group’s leadership in global and regional loan markets, strengthens liquidity and funding diversification, and supports the Group’s long-term strategic growth objectives.

Dubai Holding Real Estate and Emirates NBD Partner to Introduce Integrated Off-Plan Mortgage Financing Across Meraas, Nakheel and Dubai Properties

2 Min | 16 April 2026

New partnership embeds mortgage solutions into the homebuying journey, enhancing buyer confidence and supporting the sustainable growth of Dubai’s real estate market

Dubai, UAE, 16 April 2026: Dubai Holding Real Estate and Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, have signed a Memorandum of Understanding to introduce integrated mortgage financing solutions for off-plan residential developments across Meraas, Nakheel and Dubai Properties.

The partnership marks a significant evolution in the off-plan homebuying journey in Dubai, enabling eligible customers to access tailored mortgage solutions from the initial stages of their off-plan purchase. By embedding structured financing directly within the sales process, the initiative provides early-stage clarity on affordability, competitive rates, and a more seamless path from booking through to handover.

Available to both UAE residents and non-residents, subject to approval, the initiative is designed to enhance transparency and reduce uncertainty for buyers, while supporting responsible and sustainable growth across Dubai’s real estate sector.

Going beyond traditional developer-led payment plans, Dubai Holding Real Estate will integrate Emirates NBD’s mortgage offering into its customer journey across its portfolio of premium developments. Buyers who secure mortgage pre-approval during the off-plan stage will benefit from greater financial certainty and improved liquidity planning throughout the construction period.

The partnership also reinforces Dubai’s long-term urban and economic ambitions, aligning with the objectives of the Dubai 2040 Urban Master Plan to enhance housing accessibility and support a resilient, well-regulated property market.

Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: “Dubai’s real estate market continues to evolve as a global benchmark for growth and investment. In partnership with Emirates NBD, we are enhancing the way off-plan homes are purchased by embedding structured mortgage solutions directly into the customer journey. This creates a more structured and predictable pathway for buyers throughout the development lifecycle.”

Marwan Hadi, Group Head of Retail Banking and Wealth Management at Emirates NBD, said: “We are pleased to partner with Dubai Holding Real Estate to advance how off-plan homes are financed in Dubai. By introducing structured mortgage solutions earlier in the homebuying journey, we are giving customers greater financial clarity and confidence at the point of decision. This initiative reflects our commitment to enabling sustainable homeownership, while strengthening transparency and responsible lending across the UAE’s real estate market.”

According to Dubai Land Department data, Dubai recorded over 270,000 real estate transactions valued at AED 917 billion in 2025, with off-plan properties accounting for more than 70% of residential transactions. This partnership is expected to further strengthen market confidence and support continued demand for high-quality residential developments across the emirate.

Click here to watch the video.