Binghatti Wins Major Corporate Bond Award
UAE-based real estate company Binghatti Holding has won a major international award for its sukuk issuance. The company received GlobalCapital’s CEEMEA Corporate Bond Issuance of the Year Award for its $500 million sukuk, which will mature in 2030, according to a statement released on Tuesday.
The award covers companies from Central and Eastern Europe, the Middle East, and Africa (CEEMEA) and is one of the most respected recognitions in capital markets.
Why Binghatti Won the Award
The award was given to Binghatti for the strong execution, high investor demand, and positive market impact of its sukuk issuance. Among all corporate bond and sukuk deals in the CEEMEA region during the award period, Binghatti’s transaction stood out.
The sukuk was issued for five years and attracted wide interest from both regional and international investors. This strong demand shows investor confidence in Binghatti’s business strength, financial stability, and long-term growth plans.
Strong Investor Interest
Binghatti’s sukuk was listed in August 2025 on Nasdaq Dubai and the London Stock Exchange. The issuance was heavily oversubscribed, meaning investor demand was much higher than the amount offered.
This strong response confirmed trust in Binghatti’s credit profile, integrated business model, and future expansion strategy. It also strengthened the company’s position as a repeat issuer in global Islamic capital markets.
Recognition by the Market
The GlobalCapital Bond Awards are especially meaningful because winners are chosen by capital market participants, including institutional investors, banks, issuers, and financial advisers. This makes the award a direct endorsement from the global investment community.
Part of a $1.5 Billion Program
The award-winning sukuk is part of Binghatti’s $1.5 billion Trust Certificate Issuance Program, under which the company successfully completed three sukuk issuances.
The latest issuance was a $500 million, 3-year Green Sukuk, dual-listed in October 2025. The funds raised are being used to finance sustainable real estate projects under Binghatti’s Green Financing Framework.
Together, these issuances helped Binghatti diversify its investor base, improve liquidity, and strengthen its reputation as a reliable corporate borrower.
Major Real Estate Project with Mercedes-Benz
In December, Binghatti announced a major new project with Mercedes-Benz called Mercedes-Benz Places – Binghatti City. It will be the world’s first Mercedes-Benz branded city, with a total investment of $8.2 billion (AED 30 billion).
This project, located in the UAE, is the second branded residential partnership between Binghatti and Mercedes-Benz.
Strong Financial Growth
Binghatti also reported record financial results. Net profit rose 145% year-on-year to $720 million (AED 2.66 billion) in the first nine months of the year.
Revenue nearly tripled to $2.44 billion (AED 8.96 billion), driven by strong sales, faster project deliveries, and a well-diversified property portfolio.
Published: 25th December 2025
For more article like this please follow our social media Twitter, Linkedin & Instagram
Also Read:
IMF Agrees on New Reviews of Egypt’s Loan Program
Top 7 Arab Gold Purchasers Over the Past Two Years
UAE President Meets French President Macron in Abu Dhabi
