Value of outstanding bonds by GCC & Egypt 2023, by country
In 2023, the United Arab Emirates had the highest market value of outstanding conventional and sukuk bond issuances in the Gulf Cooperation Council and Egypt, at 195 billion U.S. dollars. Saudi Arabia followed closely with a market value of 193 billion USD during the same year. Meanwhile, Kuwait had the lowest market value of bond issuances amongst the countries, at 18 billion USD.