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Sharjah’s Arada Developments will issue USD-denominated sukuk, after awarding AED 1.48 bn in contracts
Investor meetings started yesterday with a series of fixed income investor calls set to follow
Two Egyptian financial services firms are expanding to the UAE
PLUS: Abu Dhabi breaks ground on first phase of AED 9.3 bn housing project
The UAE’s largest 10 banks raked in AED 20.8 bn worth of net income during 1Q
The top 10 banks saw their net income surge 9.3% q-o-q
Sharjah's non-oil economy grew 7.1% y-o-y in 2033
Wholesale and retail trade and manufacturing were the largest contributors to non-oil GDP growth
S&P maintained Sharjah’s sovereign credit rating with a stable outlook
The ratings agency has revised its forecast for the emirate’s GDP growth to 2.7% in 2025
Bank of Sharjah has a new head of treasury
The lender appointed Damian White as its new Treasury Head
Peak earnings season
Spinneys | Emaar | Dubai Investments | Tabreed | Fertiglobe | Bayanat | Yahsat | E7 | Investcorp Capital
New gas reserves discovered in Sharjah
The well will undergo testing to determine the potential reserves quantities
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