SHARJAH / WAM His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and President of the University of Kalba, witnessed the signing of a Memorandum of Understanding (MoU) between the University of Kalba and Victoria International School in Sharjah on Thursday morning at the university’s headquarters. The MoU was signed by Dr. Najwa …

SHARJAH / WAM Bank of Sharjah has acted as Joint Lead Manager and Bookrunner in the successful issuance of a US$500 million, three-year Green Sukuk for Omniyat Holdings, alongside other international and regional banks. The issuance attracted exceptional investor demand, with the order book oversubscribed 3.6 times. This strong interest from both international and regional investors reflects the global confidence …

DUBAI / WAM Dubai Aerospace Enterprise (DAE) reported a net profit of US$85.8 million for the first quarter of 2025, marking a 26.5% increase compared to US$ 67.8 million during the same period in 2024. According to the company’s press release issued on Wednesday, profit before tax rose by 45% to reach US$101.2 million, up from US$69.7 million in Q1 …