RIYADH: Bond issuance in the Middle East and North Africa surged 20 percent year on year in the first nine months of 2025 to $125.9 billion, according to data from the London Stock Exchange Group.
In its latest report titled ‘Investment Banking Review,’ LSEG stated that Saudi Arabia led the region with $67.6 billion in offerings — more than half of total proceeds — marking a 37 percent increase from a year earlier.
The UAE followed with $32.7 billion, while Qatar, Bahrain, and Morocco accounted for smaller shares, as did Egypt, Kuwait, and Oman.
Saudi Arabia’s debt market has expanded rapidly in recent years as domestic and global investors seek diversification and steady returns.
A separate analysis by Kamco Invest in December projected the Kingdom will lead the Gulf Cooperation Council region in bond maturities over the next five years, with about $168 billion due between 2025 and 2029.






