Total passengers handled by Sharjah International Airport surpassed 10 million per annum for the first time during 2015, growing 5.5 percent compared with passenger numbers in 2014. Meanwhile, aircraft movements at Sharjah international increased by 1.23 percent to 71,426 in 2015 compared with 70,559 in 2014. Sharjah passenger traffic saw strong growth throughout the year, growing by 6 percent in ...

Lead arrangers have been holding investor meetings this week to pave the way for the Government of Sharjah’s second sukuk. The new sovereign bond, which is expected to be in excess of US$500 million, could be the first sovereign sukuk to be issued globally in 2016. Global rating agency Standard and Poor’s has forecast fewer sukuk issuances this year, possibly ...

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 ...