Recent Posts

Tilal City mall expected to open in 2019

Tilal Properties, a joint venture between Sharjah Asset Management and Eskan Real Estate Development, has revealed details of Tilal Mall, the central retail and entertainment complex of the AED 2.4 billion (US$ 653m) Tilal City. According to the developer, the new mall will cover a gross area of about 2 million square meters (21.5 million sq. ft.), making it Sharjah’s ...

Read More »

SIB issues fifth 5-year sukuk

Sharjah Islamic Bank (SIB) has issued an unsecured US$ 500 million (AED 1.8b) 5-year sukuk, according to a statement from the bank. The bank’s fifth Islamic bond was oversubscribed by more than three times booking orders totalling about US$ 1.6 billion (AED 5.9b). In a year that has, so far, seen sukuk issuances drop slightly, the new issue confirms the continuing ...

Read More »

Sharjah economy to take center stage at FDI Forum

Sharjah’s economy and the success of its economic development strategies are expected to take centre stage at Sharjah FDI Forum, which takes place 28-29 September 2016 under the patronage of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. This is the second time in three years that Sharjah has hosted a global ...

Read More »