As the world reels under economic unpredictability and the market volatility grows, wisdom lies in tapping the benefits of Islamic economy. The Islamic bonds (sukuks) issued by UAE banks are being ranked as one of the world’s best-performing instruments. We will see rapid expansion of Islamic finance as more and more customers are added to the already huge and …

  Sharjah / Emirates Business Sharjah Chamber of Commerce & Industry (SCCI) launched its ‘Business Intelligence System’ – a smart scheme that aims at fully boosting the chamber’s digital transformation process for all its transactions and inquiries, in a move to exploit digital and technical technologies providing cutting-edge support to administration decisions and corporate reports’ preparations within inspiring a new …

  Dubai / WAM Dubai’s master developer Nakheel announced that it has awarded an AED1.5 billion construction contract for its Al Khail Avenue mall, and said it plans to add a 252-room hotel to the retail hub. The contract to build the billion retail, dining and entertainment complex in Dubai’s Jumeirah Village district was awarded to the UAE-based Dhabi Contracting LLC, …