GCC Debt Leads $4.25 Billion Debt Success in GCC 2025

Prime Highlights:

GIB Capital successfully completed $4.25 billion in major debt issuances across Bahrain, Oman, the UAE, and the Islamic Development Bank Group.
The transactions strengthen GIB Capital’s leadership in the GCC’s investment banking and debt capital markets.

Key Facts:

Bahrain’s $2.5 billion dual-tranche bond attracted over $8.5 billion in global orders, reflecting strong investor confidence.
Bank Muscat’s $750 million bond from Oman received $2.3 billion in demand, marking the country’s first international issuance of the year.

Background:

GIB Capital closed four debt deals worth $4.25 billion, confirming its lead in the GCC market. These transactions show the firm’s strong ability to link regional issuers with global investors and support the growth of the region’s capital markets.

The biggest deal was Bahrain’s $2.5 billion dual-tranche issuance, where GIB Capital acted as joint lead manager and bookrunner. It included a $1.5 billion eight-year sukuk and a $1 billion 12-year conventional bond.

In Oman, GIB Capital also served as joint lead manager and bookrunner for Bank Muscat’s $750 million five-year bond, which received strong demand from investors. It was the first international bond from Oman this year and received around $2.3 billion in demand, reflecting trust in Bank Muscat’s solid performance and market position.

GIB Capital also managed the Islamic Corporation for the Development of the Private Sector’s (ICD-PS) $500 million five-year sukuk. The sukuk was over four times oversubscribed, with total orders above $2 billion, showing continued investor confidence in ICD-PS’s credit and development role.

In the UAE, GIB Capital helped manage Majid Al-Futtaim’s 10-year sukuk, which received $2 billion in investor orders.

Commenting on the achievement, Osamah Shaker, CEO of GIB Capital, said the deals showcase the company’s deep understanding of the market, strong investor network, and continued dedication to helping regional clients reach global markets.

GIB Capital continues to offer a comprehensive suite of financial and investment banking services, including debt capital markets, M&A advisory, asset management, and brokerage, all aligned with international best practices and tailored to regional needs.