The GCC debt capital market has achieved a remarkable milestone, surpassing $1 trillion in outstanding debt by the end of November 2024. This incredible achievement reflects the 𝐫𝐞𝐠𝐢𝐨𝐧’𝐬 𝐮𝐧𝐰𝐚𝐯𝐞𝐫𝐢𝐧𝐠 𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐝𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡.

Notably, 40% of this debt comprises sukuk, showcasing the seamless integration of Islamic finance principles with modern financial instruments. The market’s impressive 11% year-on-year growth highlights the strategic foresight of GCC governments in building a robust financial ecosystem that attracts global investors.​

𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐔𝐀𝐄 𝐡𝐚𝐯𝐞 𝐛𝐞𝐞𝐧 𝐩𝐢𝐯𝐨𝐭𝐚𝐥 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐣𝐨𝐮𝐫𝐧𝐞𝐲, accounting for 43% and 30% of the market respectively. This accomplishment is not merely about numbers; it symbolizes the GCC’s proactive approach to responsible economic management and ethical financial practices.

By fostering a balanced mix of conventional bonds and sukuk, the GCC sets a global benchmark for innovation, inclusivity, and sustainability. This milestone underscores the region’s role as a financial powerhouse and a model for emerging markets to emulate. 𝐊𝐮𝐝𝐨𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐆𝐂𝐂 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞𝐢𝐫 𝐯𝐢𝐬𝐢𝐨𝐧𝐚𝐫𝐲 𝐥𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 in paving the way for a prosperous, sustainable future!​

As the 𝐫𝐞𝐠𝐢𝐨𝐧’𝐬 𝐥𝐞𝐚𝐝𝐢𝐧𝐠 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐯𝐞 𝐀𝐈 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐂𝐨𝐚𝐜𝐡, I will be more than happy to assist you in securing the much-needed mindset shift for your teams.​

About the Author

Vasudevan Kidambi, known as the “LAST-MILE MAN,” is a distinguished corporate expert with over 30 years of experience in operations and consultancy. As Managing Director of Navo Informatica Pvt. Ltd and Navo Management Consultants, he’s a pioneer in integrating Generative AI into business strategies, enhancing efficiency and innovation. Vasudevan’s unique approach includes his advocacy for One-Page Communication and extensive use of AI in content development and business applications.

His debut book, “One Page Communicator,” swiftly ascended to Amazon’s #1 bestseller spot within days of its launch and subsequently clinched the Golden Book of the Year Award for 2024.

Additionally, as Director of Business Transformation at Zenesis Corporation, Dubai, he continues to drive change. He’s also an educator and thought leader in AI, conducting boot camps and webinars to simplify AI tool usage for professionals.

His expertise in design thinking, data storytelling, digital workflow automation, and cognitive bots is transforming businesses globally, cementing his status as a holistic consultant in the digital era.