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20/08/2025 06:10 AST
Saudi Arabia's National Debt Management Center raised SR5.31 billion ($1.42 billion) through its riyal-denominated sukuk issuance for August, marking a 5.8 percent increase from July.
The Kingdom had raised SR5.02 billion in July, while issuances stood at SR2.35 billion in June and SR4.08 billion in May.
Sukuk are Shariah-compliant instruments that grant investors partial ownership in underlying assets, offering a popular alternative to conventional bonds.
The August issuance was split into four tranches: SR755 million maturing in 2029, SR465 million in 2032, SR1.12 billion in 2036, and SR2.97 billion in 2039.
The NDMC, in a statement, said the latest offering reflects ongoing efforts to diversify funding sources and strengthen the domestic debt market.
A recent report by Kuwait Financial Centre, also known as Markaz, showed Saudi Arabia led the Gulf region's primary debt market in the first half of 2025, raising $47.9 billion through 71 bond and sukuk deals - 52.1 percent of the GCC total.
Global ratings agency S&P has also highlighted the Kingdom's role in driving Islamic finance, projecting global sukuk issuance to reach $190 billion to $200 billion in 2025, with as much as $80 billion in foreign currency offerings.
Arab News
| Ticker | Price | Volume |
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20/08/2025
The Dubai Free Zones Council (DFZC), has announced the successful implementation of the 'One Freezone Passport', a ground-breaking initiative that enables companies licensed in one free zone to expan
Trade Arabia
20/08/2025
Qatar recorded a total of 51.7mn transactions valued at QR16.13bn through the country's payment system in July 2025, according to the Qatar Central Bank (QCB) data.
While the number of trans
Gulf Times
20/08/2025
Kuwait Oil Tanker Company (KOTC) announced Tuesday that the Kuwaiti flag has been ranked among the high-performance categories in the latest oil tanker flag state performance list (2022-2024) issued
KUNA
20/08/2025
Middle East and North Africa mergers and acquisitions rose 19 percent in the first half of 2025 to $58.7 billion, driven by sovereign wealth funds, cross-border flows, and strong deal activity in the
Arab News
20/08/2025
Even if 5% of global millionaires migrating in 2025 choose Dubai as their residence, that will bring in a few billions more in 'fresh' investments.
That's according to calculations done by t
Gulfnews
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