Sharjah’s sukuk oversubscribed, pricing tightens to 110 bps
The issuance saw strong demand, with the order book hitting USD 2 bn
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The issuance saw strong demand, with the order book hitting USD 2 bn
The five-year bond carries a coupon of 4.875% per year
The offering drew USD 1.3 bn in orders excluding lead manager interest
Plus: Snoc finds more gas at Al Hadiba
Plus: Opec+ to bump production in December before pausing hikes in 1Q 2026
Emirates NBD beat analyst expectations’ of AED 5.5 bn in net income for 3Q
PLUS- Superior Technology Systems and GE Vernova land 3 GW power plant contract + LNG import terminal
The emirate drew property buyers from 121 nationalities during the period
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