Dubai / WAM The CEO Advisory Council of the UAE Banks Federation, the professional body representing 49 banks in the UAE, has welcomed the bankruptcy law, and recognised the mutual benefit it will bring to banks and owners of businesses, especially the Small and Medium Enterprises (SMEs). This came up during the council’s third meeting of the year held …

  DUBAI / WAM Dubai has become the world’s largest Sukuk listing centre by value, after Emaar Properties has listed a US$750 million Sukuk on Nasdaq Dubai, raising the total value of Sukuk listed in the emirate to US$45.55 billion. A US$500 million Sukuk issued by Emaar Properties in July 2012 is also listed on the exchange. So far this …

  Sharjah / Emirates Business The Sharjah Foreign Direct Investment, (Sharjah FDI Forum 2016) will highlight the strategic trade relations between the UAE, the UK and mainland Europe. Taking place on September 28-29 at Al Jawaher Reception & Convention Centre, the two-day Sharjah FDI Forum 2016 forms part of Shurooq’s efforts to introduce international investors and industry leaders to Sharjah …