Recent Posts

Shurooq participates in Asia’s largest financial forum in Hong Kong

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 ) ...

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Sharjah issues $500m sovereign sukuk

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 ...

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Sharjah launches entrepreneurship centre

A new Sharjah Entrepreneurship Centre has been launched at the American University of Sharjah this week. The centre, which is branded ‘Sheraa’, is an initiative of Sharjah Investment and Development Authority (Shurooq) and aims to inspire young people to start their own enterprises and raise the emirate’s profile as a preferred destination for startups. The launch event was attended by ...

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