Dubai: Here are the options – build a G+X story hotel building. Or invest in re-developing a heritage site or one out in the desert into an eco-tourism spot. There are no prizes for guessing which one the Sharjah Investment & Development Authority (Shurooq) will choose. “I don’t think we have developed even one hotel project in the G+X ...

The Sharjah Commerce and Tourism Development Authority (SCTDA) has announced plans to participate in the 29th Arabian Travel Market (ATM 2022), taking place May 9-12 at the Dubai World Trade Centre. The Authority joins several of its strategic partners at the Sharjah Pavilion at ATM 2022, which SCTDA will use as a platform to showcase the latest developments taking place ...

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 ...