This year’s celebrations to mark the Sharjah Islamic Culture Capital 2014 were officially inaugurated yesterday by Dr Sheikh Sultan bin Mohammed Al Qasimi, the Ruler of Sharjah at a musical production about the life and teachings of the Prophet Muhammad. The Clusters of Light operetta was staged by Sharjah in an effort to encourage awareness and understanding about Islam. Clusters ...

Sharjah’s tourism industry is now reaping the rewards of years of development, with two million tourists expected to visit the Emirate by the end of 2014. According to recent comments by Khalid Al Midfa, Director General of the Sharjah Commerce and Tourism Development Authority (SCTDA), hotel revenues are expected to increase 10% during 2014, in line with the expected 10 ...

Global credit rating agency Fitch has upgraded Sharjah Islamic Bank’s (SIB) Viability Rating. The new rating was announced as part of the first Fitch Ratings peer review of the UAE banking sector. The report affirmed the Long-term and Short-term Issuer Default Ratings (IDR) of nine UAE banks, plus the Viability Ratings (VR) of eight other banks. Sharjah Islamic Bank’s VR ...