DUBAI / WAM Dubai Airports has entered the winter travel season with one of its …
Read More »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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