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Home News Finance

Closing Bell: Saudi main market slips to close at 12,105

Press Room by Press Room
July 23, 2024
in Finance
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RIYADH: Saudi Arabia emerged as the top issuer in the Gulf Cooperation Council bond market during the first half of 2024, raising $37 billion through 44 issuances, according to recent data. 

The Markaz GCC Bonds and Sukuk Market Report indicated that this figure marks a 12.5 percent increase from the same period last year, representing 49 percent of the total new supply of GCC bonds and sukuk.

The overall value of GCC primary issuances…



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