Amlak Intl Finance gets 250M riyal facility from Emirates NBD

Wednesday, Aug 27, 2025 1:13 am ET1min read

Amlak Intl Finance gets 250M riyal facility from Emirates NBD

In a significant financial move, Amlak Intl Finance has secured a 250 million Riyal facility from Emirates NBD. This strategic funding will support the company's ongoing projects and enable it to explore new opportunities in key international markets.

The facility, which is a combination of conventional and Islamic term facilities, was upsized by Emirates NBD, acting as the initial mandated lead arranger and bookrunner. The additional liquidity will provide Amlak Intl Finance with the flexibility to extend the loan's term or increase funding to support future growth.

Ahmed Al Qassim, Group Head of Wholesale Banking at Emirates NBD, underscored the bank's commitment to delivering comprehensive financial solutions, stating, "This milestone is a testament to our expertise in delivering comprehensive financial solutions and reinforces our commitment to be a trusted partner in rapidly evolving global markets."

Ziad El Chaar, CEO of Dar Global, commented on the structure of the facility, which is secured by pledge of shares and backed by corporate guarantees. "This enhanced liquidity will accelerate the company’s existing projects and enable greater flexibility in pursuing new opportunities across the Middle East, Europe and North America, reinforcing long-term resilience and execution capacity," he added.

The funding comes at a time when Emirates NBD itself has recorded a 12% higher net income in the first half of 2025, valued at AED 23.90 billion. Additionally, Dar Al Arkan, the parent company of Dar Global, registered an annual surge of 40.55% in net profits to SAR 447.96 million at the end of June 2025.

This financial boost will undoubtedly position Amlak Intl Finance for continued success and expansion in the global real estate market.

References:

[1] https://www.tradingview.com/news/reuters.com,2025-08-27:newsml_ZawdCNGD:0-sng-emirates-nbd-upsizes-dar-global-s-syndicated-facilities-by-165mln/
[2] https://www.zawya.com/en/capital-markets/loans/emirates-nbd-upsizes-dar-globals-syndicated-facilities-by-165mln-j1hifmam

Amlak Intl Finance gets 250M riyal facility from Emirates NBD

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