Expo Centre Sharjah chief executive officer Saif Mohammed Al Midfa has been elected as the chairman of Arabian Gulf Chapter of the International Association of Exhibitions and Events (IAEE), the leading association for the global exhibition industry. The IAEE’s Gulf chapter represents the region’s US$1.3 billion (AED 4.8b) meetings, incentives, conferences and exhibitions (MICE) industry. IAEE is the largest association ...

Sharjah Investment and Development Authority (Shurooq) and Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, have signed an MoU to promote Sharjah’s strategic projects and brands across the globe. The MoU, signed by Mr Adel A. Ali, Group Chief Executive Officer, Air Arabia, and HE Marwan bin Jassim Al Sarkal, CEO of Shurooq, ...

Sharjah Islamic Bank (SIB) issued an unsecured US$ 500 million (AED 1.8b) 5-year Islamic bond or sukuk on Tuesday, which was oversubscribed by more than seven times. According to SIB, the bank’s fourth sukuk received around 120 orders worth US$ 3.6 billion (AED 13 b). Sharjah Islamic Bank issued its first successful Islamic bond in 2006 and currently has two sukuk, one US$400 million ...