Nasdaq Dubai delivered a strong performance in the first quarter of 2026, recording 18 fixed income listings valued at over USD 8 billion, which brought total outstanding debt listings to USD 149 billion.
The results highlight sustained momentum in debt capital market activity, supported by continued issuer engagement and steady investor demand across global fixed income markets. This reinforces Nasdaq Dubai’s position as a leading international venue for Sukuk and bond listings.
Outstanding listings reached USD 149 billion, comprising USD 105 billion in Sukuk and USD 44 billion in conventional bonds, reflecting strong market depth and diversification.
The quarter witnessed a well-balanced mix of domestic and international issuers. UAE-based entities accounted for 67% of total listings, while international issuers contributed 33%, including sovereigns, supranational institutions, and corporates across aviation, real estate, and financial services sectors.
Activity included issuances from leading financial institutions, such as Emirates NBD, which issued Green, Blue, and digitally native instruments, while Mashreq accessed Additional Tier 1 (AT1) capital markets. Other regional banks also maintained active issuance programmes.
Supranational activity included listings from the New Development Bank and The Arab Energy Fund, supporting financing initiatives across infrastructure and energy-related sectors.
A key milestone during the quarter was the New Development Bank’s USD 2 billion debut issuance, further strengthening Nasdaq Dubai’s attractiveness to global issuers.
Corporate issuance remained robust, with participation from Dubai Aerospace Enterprise (DAE) and major real estate developers including Binghatti and OMNIYAT, reflecting continued access to diversified funding sources.
Sustainable finance continued to play a central role, with green and blue bond issuances reflecting the growing integration of ESG principles and ocean-related financing frameworks.
The quarter also saw advancements in market infrastructure, including Emirates NBD’s debut digitally native note, marking a step forward in the evolution of digital debt instruments.
Nasdaq Dubai leadership emphasized that the exchange continues to provide a resilient, transparent, and globally connected platform for issuers and investors, supporting efficient capital formation and long-term market growth.
