Government

A delegation from the United States Congress visited Sharjah to explore mutual business and investment opportunities last week. Led by U.S. Congresswoman and Chairman of the Congressional Black Caucus, Representative Marcia L. Fudge, the delegation met leaders in government, business and education and participated in a roundtable event held at the Sharjah Chamber of Commerce and Industry. The United Arab ...

The emirate of Sharjah is planning to issue its first sovereign sukuk, the Islamic equivalent of a sovereign bond, and has approached three banks to manage the issue, according to global news agencies. The value of Sharjah’s sovereign sukuk is yet unknown, but banking sources say that they expect the launch of the new bond to take place as early ...