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…