Finance Ministry Wins Mideast 'Deal Of The Year' Award For $2.5 Billion Green Bond Issuance

Dubai: The Ministry of Finance has won the "Deal of the Year" award at the Global Banking & Markets: Middle East Awards 2025 in Dubai, the UAE. The award recognizes the ministry's outstanding issuance of $2.5 billion in green bonds in May 2024.

The ministry issued the bonds in two tranches with maturities of five and 10 years. The offering saw significant interest from local, regional, and international investors, with total subscriptions exceeding $14 billion.

This issuance marks a significant milestone in Qatar's green finance journey. It is the first sovereign green bond issuance of its kind in the Gulf Cooperation Council (GCC) countries and the largest green bond offering in the Middle East. Furthermore, the pricing of the offering achieved some of the lowest debt cost margins in the Central and Eastern Europe, Middle East, and Africa (CEEMA) region for the aforementioned maturities at the time of issuance.

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This achievement reflects investor confidence in Qatar's economy and the robustness of its public finances. It also underscores trust in Qatar's sovereign green finance framework, which aligns with international best practices and standards for green and sustainable finance. The framework is guided by the pillars of Qatar National Vision 2030 and complies with the Green Bond Principles issued by the International Capital Market Association (ICMA) and the Green Loan Principles from the Loan Market Association (LMA).

Over 400 entities were nominated for this year's Global Banking and Markets Middle East Awards, with accolades going to the most innovative and distinguished deals in the Middle East region.

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