26-05-2025
Finance ministry wins Mideast ‘Deal of the Year' award
The Ministry of Finance has won the 'Deal of the Year' award at the Global Banking and Markets: Middle East Awards 2025 in Dubai, the UAE. The award recognises 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. page 9
