Joyalukkas secures AED 500 million debt financing from Emirates NBD to support global expansion efforts across the GCC and key international markets.

Jul 29, 2025•about 1 month ago

Amount Raised

د.إ500 Million

DubaiRetailFashion

Investors

Emirates Nbd

Description

Joyalukkas has secured a landmark AED 500 million working capital facility from Emirates NBD to fuel its global expansion. This facility supports Joyalukkas' long-term plans in markets like the UK, USA, Canada, and Australia. The deal provides flexible access to capital, enhancing operational efficiency. It reflects the strategic partnership between Joyalukkas and Emirates NBD.

Company Information

Company

Joyalukkas

Location

Dubai, United Arab Emirates

About

Joyalukkas is one of the world's largest jewellery retailers, known for combining artistry and precise design. Established in 1987, the company operates across 13 countries and serves over 10 million customers. Joyalukkas continues to strengthen its global footprint while offering innovative retail solutions. The recent agreement with Emirates NBD highlights its commitment to expand into key international markets.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Joyalukkas secures AED 500 million debt financing from Emirates NBD to support global expansion efforts across the GCC and key international markets.

Investors

Description

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Funding Insights

Company Information