Al Arabiya Net _ The Gulf Cooperation Council (GCC) countries accounted for approximately 39% of dollar-denominated, sustainability-linked debt issuances in emerging markets, excluding China, during the first nine months of 2026, maintaining their global lead among these markets, according to a report by “Fitch” agency.
$72.9 Billion Total Outstanding Sustainable Debt Value in the Gulf by the End of the Third Quarter
The total value of outstanding sustainable debt in the Gulf countries reached $72.9 billion by the end of the third quarter, registering an annual increase of 18%, while Sukuk accounted for approximately 43% of these total debts.
New Issuances in the Region Declined to Approximately $8 Billion
However, new issuances in the region dropped by 44% to approximately $8 billion during the first nine months, affected by disruptions in debt markets resulting from the war with Iran.
