News

September’s Sharjah FDI Forum will zoom in on the importance of global trade and connectedness for small and medium-sized enterprises (SMEs). With one of the most diversified economies in the region, Sharjah is home to more than 45,000 SMEs and the government has identified SMEs are a key pillar for the emirate’s economic growth. SMEs have been recognised as critical ...

More than 50 companies from six European Union countries visited the United Arab Emirates last week as part of a five-day trade mission, meeting business and government organisations to explore business and investment opportunities. Organised by the London Chamber of Commerce and Industry’s (LCCI), the delegation included companies from Belgium, Greece, Hungary, Italy, Lithuania and the United Kingdom. The EU ...

Organisers of the forthcoming Sharjah FDI Forum 2016, held under the generous patronage of His Highness Sheikh Dr. Sultan bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, and hosted by Sharjah Investment and Development Authority (Shurooq) in collaboration with Financial Times and fDi magazine, have highlighted the importance of the event to throw light on ...

In a new achievement to be added to its list of prominent successes, Sharjah Investment and Development Authority (Shurooq) has announced that its CEO Marwan Jassim Al Sarkal has received the ‘Middle East CEO of the Year Award’ by the prestigious Burj CEO Awards. Bestowed recently during a ceremony held in Washington DC, USA, the Burj CEO Awards are international ...

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 ...

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 ...

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 ...

Sharjah Islamic Bank (SIB), a leading shariah-compliant commercial bank, begins a global round of investor meetings this week to secure subscribers for a benchmark U.S. dollar Islamic bond issue or sukuk, according to a notice from the bank to shareholders. ‘Benchmark’, in this context, normally refers to a bond issue of at least US$ 500 million (AED 1.8b) in size. ...

Sharjah FDI 2016, a global event organised by Sharjah Investment and Development Authority (Shurooq) in conjunction with Financial Times, will bring together a host of top CEOs to discuss the investment opportunities and challenges in the region. Taking place on September 28-29, 2016 at the Sheraton Sharjah Beach Resort & Spa, Sharjah FDI 2016 will see leaders from a cross-section ...

Sharjah FDI: The Gateway to the Middle East, North Africa and South Asia is the title of the second Sharjah FDI Forum, MENA’s largest global foreign direct investment (FDI) event that takes place on September 28-29, 2016 in Sharjah, the third largest emirate of the United Arab Emirates (UAE). Sharjah FDI Forum 2016 is being held in association with the ...