Latifa Al Ali | Sharjah Update

Sharjah’s Arada raises $350m via dollar sukuk, lists on London Stock Exchange

Sharjah-based developer Arada has completed the issuance of a $350m sukuk, which has been listed on the London Stock Exchange. The dollar-denominated sukuk was priced at par with a coupon of 8.125 per cent, inside the initial guidance area of 8.25 per cent for a spread of 530 bps over Treasuries. The five-year fixed rate RegS debut sukuk issuance was ...

EDB signs MoU with Hamriyah Free Zone and Sharjah Airport International Free Zone to enhance bankability of startups and SMEs.

SHARJAH – The Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, has signed a Memorandum of Understanding (MoU) with the Hamriyah Free Zone in Sharjah and the Sharjah Airport International Free Zone (SAIF) to provide financial support to small and medium-sized enterprises (SMEs) and startups operating in either of the free ...

Sharjah Cricket signs historic three-year deal with TCM-Dubai.

Sharjah Cricket has signed a historic three-year partnership deal with Twenty First Century Media Pvt Ltd (TCM). This premier sports marketing company will be the commercial partner for the conduct of Sharjah Cricket’s domestic tournaments. This deal by one of the oldest cricket councils in the UAE will be among the longest partnerships in the country as it will extend ...

Experts value Sharjah Ruler role in Arabic Historical Dictionary project.

Speakers at a panel discussion organised by the Arabic Language Academy in Sharjah, as part of its participation in the 31st edition of the Abu Dhabi International Book Fair, valued the attention paid by H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, for the protection of the Arabic Language, embodied in the completion ...

SRTI Park boosts UAE’s Industry 4.0 efforts with launch of Advanced Industry Accelerator 2.0

The Sharjah Research, Technology and Innovation Park (SRTI Park) has recently launched Sharjah Advanced Industry Accelerator 2.0 (SAIA) to boost the diversification of the national industrial base and contribute to the positioning of the UAE as an incubator of innovation and creativity In line with Industry 4.0, the accelerator program will provided local and regional start-ups with innovative solutions and ...

Eagle Hills launches new residential project at Sharjah beachfront

Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, unveiled its latest project – Jawaher Residences – the newest addition to the Maryam Island beachfront community located in downtown Sharjah. Inspired by the contemporary Arabic architecture of Maryam Island, Jawaher Residences features 198 units – ranging from studio to four-bedroom units spread across ...