Home / Government (page 7)

Government

Forum stresses Sharjah’s commitment to investors

Heads of government departments and authorities are to meet in Sharjah on Sunday to discuss how the emirate can best meet the needs of business investors. Organised by Sharjah Investment and Development Authority (Shurooq) under the patronage of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, the Sharjah Forum will focus ...

Read More »

Moody’s assigns (P)A3 to Sharjah sukuk

Moody’s Investors Service has assigned a provisional rating of (P)A3 to the US dollar sovereign Islamic bond issue proposed by the Government of Sharjah. Plans for a sovereign sukuk first came to light in June and it has since been revealed that the government has mandated HSBC, Kuwait Finance House, National Bank of Abu Dhabi, Sharjah Islamic Bank and Standard ...

Read More »

US Congress Rep. explores Sharjah potential

A delegation from the United States Congress visited Sharjah to explore mutual business and investment opportunities last week. Led by U.S. Congresswoman and Chairman of the Congressional Black Caucus, Representative Marcia L. Fudge, the delegation met leaders in government, business and education and participated in a roundtable event held at the Sharjah Chamber of Commerce and Industry. The United Arab ...

Read More »

Sharjah plans first international Islamic bond issue

The emirate of Sharjah is planning to issue its first sovereign sukuk, the Islamic equivalent of a sovereign bond, and has approached three banks to manage the issue, according to global news agencies. The value of Sharjah’s sovereign sukuk is yet unknown, but banking sources say that they expect the launch of the new bond to take place as early ...

Read More »