Recent Posts

CEO appointed to head AUS Enterprises

American University of Sharjah (AUS) has appointed Hussain Al Mahmoudi as Chief Executive Officer of AUS Enterprises, a new holding company mandated to develop revenue-generating commercial activities for AUS via special purpose vehicles. AUS Enterprises was established by Amiri decree in November 2015. The appointment of the new CEO was approved by the AUS Board of Trustees, chaired by His ...

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UAB leads $120 million credit deal

Sharjah headquartered United Arab Bank (UAB) has announced the successful closing of an US$120 million credit facility for client, Aegean Oil Terminal Corporation (Aegean). The credit facility marks the first syndicate lead for UAB, as it seeks to position itself as a lead arranger. Other syndicate members are Abu Dhabi Commercial Bank (ADCB), Commercial Bank of Dubai and National Bank ...

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HH Sheikh Sultan Al Qasimi inaugurates Al Noor Island

His Highness Sheikh Dr Sultan bin Muhammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, inaugurated Al Noor Island, a unique destination in the emirate of Sharjah, on Tuesday in the presence of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Sheikha Bodour bint Sultan Al Qasimi, ...

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