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Middle Eastern Sustainability Bond Issuance Reaches $16.7 Billion in First Nine Months of 2024

George Charles Darley-Doran

George Charles Darley, a freelance journalist and consultant, writes for leading outlets, with work in 30+ languages.
  • Issuance drops 18% year-on-year due to higher interest rates and green bond market normalisation
  • UAE and Saudi Arabia remain leaders in regional sustainability bond issuance

Middle Eastern countries issued $16.7 billion in sustainability bonds during the first nine months of 2024, according to Standard & Poor’s (S&P) Global Ratings’ report, Sustainability Insights: Middle East Sustainable Bond Issuance Trends. The report covers Saudi Arabia, the UAE, Turkey, Jordan, Kuwait, and Qatar.

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