Moody s has upgraded Emirates NBD s long-term ratings to A2 from A3 and short-term ratings to P-1 from P-2. Moody s has maintained the stable outlook on the Group s ratings.
Emirates NBD, a leading banking group, will structure and manage the UAE’s first sustainable Real Estate Investment Trust (REIT), Masdar Green REIT, amounting to AED949 million ($258 million)