![Streets in illuminated cityscape, Riyadh, Saudi Arabia](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/ZDBZUARPMW4AZCG335KLZXDBVM.jpg?smart=true&auth=aacdea1c06d8c5bbdec4faa95604cb436b78d3fd069229b9a2f23ff720a28128&width=400&height=225)
Saudi Arabia was the leading issuer within the region, accounting for more than half of the total volume. Getty
Saudi Arabia was the leading issuer within the region, accounting for more than half of the total volume. Getty
GCC green bond and sukuk issuances hit a record in 2022
Globally, sales of new green and sustainable bonds and sukuk fell about 14 per cent from a year earlier