In the last decade, sources from the Persian Gulf have primarily relied on banks, obligations, and Islamic obligations (sukuk) for financing. However, with the instability caused by the coronavirus pandemic in 2020, these financing sources have been significantly reduced.
Experts note that reserves in the countries of the Persian Gulf have led to increased interest in alternative sources of financing. In particular, these countries have begun to consider the bond market as a complementary instrument for attracting capital and reducing dependence on banks.
"The countries of the Persian Gulf have become more numerous in seeking financing and are looking for opportunities in international capital markets," said one of the experts.
This change in strategy reflects the drive to diversify sources of financing in the region. Furthermore, it is part of a broader movement towards the development of financial instruments in the Persian Gulf.
