Details of the completed phase one of the Mleiha Archaeological and Eco-tourism Project have been revealed today by Sharjah Investment and Development Authority (Shurooq). The multiphase project will create a new tourist attraction in the UAE and the wider Arab region with an estimated AED 250 million (US$ 68m) expected to be invested in Mleiha over the next few years. ...

A delegation from Sharjah Investment and Development authority (Shurooq) has taken part in the Asian Financial Forum (AFF) that took place from 18-19 January 2016 at the Hong Kong Convention and Exhibition Centre. Shurooq ‘s participating delegation was let by Saud Meqdad Al Suwaidi, Director of Sharjah Foreign Direct Investment at the Sharjah Investment and Development Authority ( Shurooq ) ...

The Government of Sharjah has issued a US$500 million (AED 1.8b) Islamic bond this week with a 5-year maturity, which is the first sovereign sukuk to be issued globally this year. Bank of Sharjah, Barclays, Commerzbank, Dubai Islamic Bank, HSBC and Sharjah Islamic Bank acted as lead arrangers for the issue. Final pricing for the bond, according to a document ...