Recent Posts

Sharjah Tourism to participate in Arabian Travel Market.

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 ...

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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 ...

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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 ...

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