Recent Posts

Al Majaz Waterfront to complete phase two this year

Al Majaz Waterfront has announced that eight new restaurants and cafés will be opened later in the year in conjunction with the completion of the extension’s second phase and an increase in the number of parking lots to manage the increased capacity. The new extension includes the opening of new Arabic and international outlets, some of which will open in ...

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Bank of Sharjah confirms $500m EMTN issue

Bank of Sharjah P.J.S.C. (BOS:ADX), Sharjah’s second biggest bank by net assets, has announced the completion of a senior five-year unsecured fixed-rate notes issue totaling US$ 500 million (AED 1.84b), under the bank’s new Euro Medium Term Note (EMTN) programme. Pricing was set at 250 basis points over mid-swaps (a benchmark for calculating bids) to yield at 4.23 percent. Bank ...

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Shurooq presents Sharjah’s investment opportunities to Macedonia delegation

The enhancement of Sharjah’s business links with Macedonia was the subject under discussion at a recent roundtable meeting hosted by Sharjah Investment and Development Authority (Shurooq). The event was one in a series of meetings being undertaken by the department throughout the year to explore initiatives that will lead to mutual benefits for countries that ally themselves to Sharjah’s economic ...

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