Recent Posts

SIB raises capital through issuance of convertible Sukuk

Sharjah / WAM The Sharjah Islamic Bank (SIB) has successfully completed the issuance of AED266.8 million worth of Sukuk convertible into equity of the bank to the Sharjah Social Security Fund (SSSF). The move came in line with the Year of Giving (2017) under the patronage and the wise vision of His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, ...

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Dubai breaks Guinness world record for largest caviar tin

Dubai / Emirates Business Atlantis, The Palm teamed up with luxury US caviar company AmStur this New Year’s Eve to create the impossible and break the Guinness World Record for the world’s largest caviar tin. The 50kg serving of caviar was presented to guests at the resorts’ Gala Dinner and smashed the previous Guinness World Record for the world’s largest ...

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UAE provides food assistance to Yemeni students

Hadramaut / WAM The Emirates Red Crescent (ERC) on Monday distributed food supplies in a number of student dormitories at the Medical Sciences Institute, the Trim and Al Soum secondary schools for boys and the Vocational Institute at Hadramaut Valley as part of the Student Relief Programme provided by the UAE in support of the brotherly people of Yemen. Saeed ...

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