According to a recent report by the Kuwait Financial Center (Markaz), Saudi Arabia led the Gulf Cooperation Council (GCC) in fixed income issuances during the first quarter of 2025. The Kingdom raised $31.01 billion through 41 bond and sukuk offerings, accounting for 60.2% of the total GCC issuances, which amounted to $51.51 billion—a 7.1% decrease from the same period last year. A
Key Highlights:
-
Issuer Preferences: Conventional bonds dominated the market, representing 65.5% of total issuances in Q1 2025. Regional Breakdown:
-
-
UAE: Raised $10.17 billion through 29 issuances, marking a 61.6% increase from the previous year.
-
Qatar: Issued $7.14 billion through 38 offerings.
-
Bahrain: Raised $1.53 billion, a 44.5% decline year-on-year.
-
Kuwait: Issued $1.41 billion, a 40.9% increase from the previous year.
-
Oman: Issued $260 million, the lowest in the region. Sector Breakdown:
-
-
-
Financial Sector: Led with $22 billion raised through 100 issuances (42.8% of the total).
-
Government Sector: Raised $19.4 billion from 12 issuances (37.6%).
-
Real Estate Sector: Raised $4.3 billion from five transactions.
-
Despite a decline in overall GCC issuances, Saudi Arabia’s dominance in the fixed income market underscores its significant role in the region’s financial landscape.
Read more
Saudi Arabia’s Operating Revenues Index rises 6.1% in JuneAugust 20, 2026
Ma’aden’s Aluminum and Gold Businesses Drive Q2 Revenue Growth, Offsetting a Decline in PhosphateAugust 10, 2026
Saudi non-oil business activity remains strong as PMI stands at 53.1 in JulyAugust 4, 2026
Rising Middle East Tensions Push Inflation Higher in FranceAugust 1, 2026
