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Sharjah Islamic Bank plans convertible sukuk issue

  Sharjah / WAM Sharjah Islamic Bank (SIB) plans to issue convertible sukuk equivalent to 10 per cent of the lender’s capital, it said on Sunday. Funds raised through the sale will be used by Islamic endowments selected by the government of Sharjah. The bank also authorised a capital increase to around AED2.66 billion, it said in an emailed press ...

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DLD to support MEFMA conference

  Dubai / WAM Dubai Land Department (DLD) will provide support for the Middle East Facilities Management Conference (MEFMA) through its strategic partnership with the Middle East Facilities Management Association (MEFMA). The sixth edition of the conference will take place from March 13-14 at The Address Hotel, Dubai Marina. DLD has confirmed that a delegation of senior management representatives will ...

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Dubai Chamber to discuss ways with Indian ministers to enhance economic cooperation

  Dubai / WAM The Dubai Chamber of Commerce and Industry (DCCI), has finalised its preparations for its upcoming trade mission to India, which will take place from March 14-17, as part of its Global Business Forum series roadshow. The trade delegation will include dignitaries and senior businessmen from the UAE who will visit Mumbai and Ahmedabad, and meet key stakeholders ...

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