Regulators highlight actions to stimulate debt capital market at summit

Gulf capital market regulators have highlighted the actions they have taken to stimulate the region’s bond and Sukuk market.

The announcements came on Monday as the Gulf Bond and Sukuk Association, GBSA, the trade association representing the Arabian Gulf fixed income market, gathered industry leaders and government regulators at its Regional Debt Capital Market Summit at The Ritz Carlton, DIFC in Dubai.

GBSA’s summit was attended by more than 200 executives from leading companies, international and regional investors, market participants and government officials as well as senior representatives of the capital market regulators of the UAE, Saudi Arabia, Kuwait and Oman. The regulators announced several initiatives that will streamline access to their markets for issuers and investors.

Panel discussions covered the funding environment for companies, global investors’ views on the region, introducing more structured bonds, the outlook for market liquidity, financing green investment and current issues in the Sukuk market.