DUBAI / WAM Nasdaq Dubai on Tuesday welcomed the listing of a US$500 million Additional Tier 1 (AT1) Sukuk issued by Sharjah Islamic Bank (SIB). The perpetual, non-call six-year AT1 Capital Certificates were issued by SIB Tier 1 Sukuk IIND Ltd and are compliant with Basel III regulations. The issuance attracted strong interest from both regional and international investors, providing ...

MOSCOW / WAM Evgeny Kozlov, Chairman of the Moscow City Tourism Committee, confirmed that the Russian capital witnessed a notable rise in the number of tourists arriving from the UAE, with 62,100 visitors in 2024 compared to 18,000 in 2019. In statements to the Emirates News Agency (WAM), Kozlov highlighted the tourism offerings available in Moscow, especially those tailored for ...

SHARJAH / WAM HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council (SEC), chaired the council’s meeting on Tuesday. The meeting was held at the Sharjah Ruler’s Office, in the presence of HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and ...