Moody’s Investors Service has assigned a provisional rating of (P)A3 to the US dollar sovereign Islamic bond issue proposed by the Government of Sharjah. Plans for a sovereign sukuk first came to light in June and it has since been revealed that the government has mandated HSBC, Kuwait Finance House, National Bank of Abu Dhabi, Sharjah Islamic Bank and Standard ...

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 ...

Sharjah Container Terminal (SCT) recorded 14 per cent growth in container volumes during the first half of 2014, compared with the same period last year. The terminal, located at Port Khaled in the heart of the city of Sharjah, is operated by Gulftainer, the largest privately owned terminal operator in the Middle East. Gulftainer also operates  Khorfakkan Container Terminal (KCT) on Sharjah’s ...