Month: September 2026

Abu Dhabi, ​September​ 28, 2026: Burtville Developments has celebrated the handover of Ville 11, its boutique residential development in Masdar City, Abu Dhabi, marking a significant milestone for the developer and its growing portfolio of residential projects across the emirate.

The handover ceremony was attended by Ahmed Baghoum, Chief Executive Officer of Masdar City, alongside Eng. Islam Suleiman, Chief Executive Officer of Burtville Developments, as well as representatives from the company and project stakeholders.

Located at the entrance of Masdar City, Ville 11 comprises 111 residential units combining distinctive architectural character, contemporary living and a range of thoughtfully planned amenities. Inspired by neoclassical English architecture, the development features refined detailing, contemporary tones and quality interior and exterior finishes, creating a distinctive residential address within Masdar City.

Eng. Islam Suleiman, Chief Executive Officer of Burtville Developments, said: “Ville 11 is a beautiful expression of what we set out to achieve at Burtville, striking architecture, thoughtful design and quality craftsmanship brought together in a development created for modern living. We are equally proud of how efficiently we delivered it, completing the project 14 months ahead of schedule. This reflects the strength of our team and our commitment to delivering high-quality projects with the speed and precision that define our approach.”

Ville 11 offers two, three and four-bedroom residences across simplex, duplex and triplex configurations, designed around spacious living and contemporary family needs. Residents have access to a range of amenities including an outdoor swimming pool, shaded children’s pool and play area, health club, BBQ areas and outdoor social spaces.

A key feature of the development is its roof garden and outdoor cinema, providing residents with a dedicated setting to relax, socialise and enjoy the surrounding views. The development also includes parking facilities, four passenger elevators and a dedicated service lift.

The residences are complemented by carefully selected materials, finishes and specifications throughout, with attention given to both aesthetics and functionality. Natural marble stone features prominently across key interior spaces, adding a refined material quality to the residences, alongside carefully selected products and installations from established brands including Roca, Siemens, The One, Samsung and OTIS. Together, these specifications reflect Burtville Developments’ focus on quality, craftsmanship and attention to detail across the development.

The completion of Ville 11 marks another step in Burtville Developments’ approach to creating residential projects that bring together distinctive design, quality execution and efficient delivery.

Looking ahead, Burtville Developments is preparing to launch its upcoming project, Bab Al Qasr Beach Resort Residence 77 on Al Reem Island. The new development will continue Burtville’s commitment to high-quality design and efficient construction, with the same focus on delivering distinctive residential projects to a high standard and within ambitious timelines.

The programme gave young people firsthand experience representing the UAE on a global stage, strengthening leadership, confidence, and cross-cultural engagement.

Al Ain, September 28, 2026: The UAE Pavilion at Expo 2025 Osaka brought the Youth Ambassador Programme experience to students at the United Arab Emirates University (UAEU) as part of a special session titled “A Session with the UAE Pavilion at Expo 2025 Osaka”. The session highlighted the important role of youth in representing the UAE on one of the world’s largest international platforms.

A flagship initiative of the UAE Expo Office, the Youth Ambassador Programme provides participants with practical experience in national representation, cultural diplomacy, and international engagement. At Expo 2025 Osaka, Youth Ambassadors worked at the heart of the UAE Pavilion for six months, engaging with visitors from around the world and taking on responsibilities across its operations.

Mariam Al Memari, Head of the UAE Expo Office, said: “The Youth Ambassador Programme reflects the UAE’s continued investment in young people, giving them opportunities to learn through responsibility and experience. At Expo 2025 Osaka, they represented their country, worked across cultures and engaged directly with people from around the world.”

“What they gained goes well beyond the Expo itself. It builds confidence, judgement and a broader understanding of how the UAE engages with the world. Sharing their story at UAEU allows us to share that experience with another generation of young people and encourage them to consider the role they too can play in representing the UAE,” she added.

The UAE Pavilion’s Youth Ambassador cohort at Osaka comprised 46 Youth Ambassadors, including 24 Emiratis, 20 Japanese participants and two expatriates residing in Japan. They worked across guest experience, operations, protocol, programming and communications, engaging with visitors, official delegations and the media throughout the Expo. 

Sharjah , September 28, 2026 : Sharjah Investment Forum (SIF) has announced Alef Group, the Sharjah-based real estate developer shaping modern, integrated communities and destinations, as the exclusive sponsor and partner of the Investors’ Lounge at its ninth edition, strengthening private-sector participation in connecting investors with opportunities in Sharjah.

Organised by Invest in Sharjah in collaboration with the Ministry of Investment, SIF 2026 will take place on 14th-15th October at Al Jawaher Reception and Convention Centre under the theme “Building Adaptive Economies”, bringing together over 10,000 participants and 8more than 80 speakers for a programme of more than 140 activities.

The 2025 edition hosted more than 211 B2B meetings during which potential investment opportunities totaling US$924.5 million were discussed. Building on this, the Investors Lounge provides a dedicated space for investment stakeholders to discuss projects, partnerships, financing and expansion opportunities.

By facilitating these connections, the platform supports UAE Vision 2031 goals to strengthen the country’s position as a global partner and economic hub.

Raed Kajoor Al Nuaimi, CEO of Alef Group, said, “Real estate developers can strengthen an investment destination by creating communities that attract residents, appeal to a broad base of local and international buyers and investors, and support business growth. At Alef Group, Sharjah’s identity and the aspirations of its community guide our planning. We develop destinations that bring together residential, commercial and social spaces, enhancing quality of life and supporting the local economy.”

Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah, said, “As capital moves more rapidly across borders, cities increasingly compete on the strength of their investment ecosystems and their ability to respond to changing markets and the needs of international investors.”

He added, “In Sharjah, government institutions and private-sector expertise work together to attract high-quality investment and help businesses grow and reach global markets from the emirate. Our partnership with Alef Group advances this approach and supports the forum as a platform for partnerships that deliver lasting economic value.”

The partnership comes amid continued growth in Sharjah’s real estate market. According to the Sharjah Real Estate Registration Department, the value of real estate transactions reached a record AED65.6 billion in 2025, an increase of 64.3 percent.

Transaction value reached AED29.5 billion in the first half of 2026, up 9.3 percent year-on-year. This momentum reinforces the relevance of direct engagement between developers and investors to assess demand and explore new projects and partnerships.

The emirate’s broader investment activity also expanded, with Sharjah attracting AED7.74 billion in capital investment through 142 new foreign direct investment projects in 2025. These investments reflect the range of opportunities across sectors for investors and businesses.

Dubai , September 28, 2026 : Dubai World Trade Centre (DWTC),
the region’s leading business enabler and global events hub, is broadening its support for
Emirati jobseekers at Ru’ya 2026 Careers UAE, taking place 28-30 September. This year,
DWTC is further enhancing its recruitment approach by onboarding selected candidates on-
site, alongside a new personalised Career Journey experience designed to help visitors find
the right career path within the DWTC ecosystem.
The Career Journey guides visitors through the range of career paths available at DWTC,
based on their individual interests and strengths, brought to life through stories of current
UAE National employees sharing their own journeys within the organisation. One-to-one and
panel interviews will take place throughout the event, with selected candidates for DWTC’s
Sales and Hospitality Programmes able to sign contracts and complete their onboarding
directly at the stand.
“Ru’ya gives us a direct platform to meet ambitious young Emiratis, understand what drives
them, and show them the breadth of career paths available at DWTC,” said Dr. Najat
Obaidalla, Senior Vice President of Human Resources at DWTC. “Our commitment to
Emiratisation goes beyond recruitment numbers; it is about building meaningful, lasting
careers. Through our new Career Journey experience and the opportunity to sign and
onboard candidates on-site, we are creating a more direct pathway from ambition to
opportunity, while empowering Emiratis to build their careers and become the leaders of
tomorrow.”
The stand will also spotlight the UAE National talent from across the DWTC ecosystem,
showcasing the breadth of career opportunities across events and venue services,
hospitality, real estate, corporate, DXB Live and DWTC Free Zone.
From the Hospitality team, Emirati chefs will demonstrate the making of DWTC’s signature
Date Pudding and Halwa Cupcake, and a coffee art experience delivered in partnership with
‘World of Coffee’ will showcase the skills of DWTC’s own baristas, giving visitors a first-hand
look at where a career with DWTC can lead.
Ru’ya 2026 will bring together thousands of young Emiratis and the country’s leading
employers over three days, featuring workshops, skill-building sessions, real-world
challenges and interactive experiences. The event remains a key platform to inspire the next
generation of Emirati talent and support the UAE’s national Emiratisation vision.
UAE Nationals interested in exploring career opportunities with DWTC can visit (Stand C1-2
in Hall 1) at Ru’ya from 28 to 30 September at Dubai World Trade Centre.

Dubai , September 28 , 2026 : Educational Initiatives (Ei) and Sage​ Educational Consultants celebrated 25 years of Ei ASSET with the Ei ASSET Awards 2026, held Saturday, September 19, at the Ramee Dream Hotel in Business
Bay. The evening honored students, teachers, and schools across the UAE for outstanding performance on the Ei ASSET assessment, a diagnostic test designed to measure conceptual understanding rather than rote memorization.

Dr. Ram Shankar, founding Director of the first CBSE Regional Office and Centre of Excellence established outside India, served as Chief Guest. Since assuming the role in July 2024, he has overseen teacher training for CBSE-affiliated educators across 26 countries.
Awards spanned five categories: National Level Toppers in English, Mathematics, Science, and — new this year — Reading Assessment and Arabic; EMS National Awards for top cross-subject performance; Ei ASSET Talent Search (Ei ATS) Awards for gifted students in Grades 4–8; Best Performing Class Awards; and the Top 25 Performing ASSET Schools for 2025–26, representing institutions across
Dubai, Sharjah, Abu Dhabi, and Al Ain.
“Twenty-five years ago, we set out to prove that a test could do more than rank
students — it could actually help them learn,” said Hakan Ayaz, Senior Vice President and Head of International Sales at Educational Initiatives. “We don’t need to argue for it anymore. We just point at nights like tonight.”
Savitri Sreevalsan, Founder and CEO of Sage Educational Consultants, who introduced Ei ASSET to the UAE 16 years ago, reflected on the program’s growth: “Back then, I was making the case, cold, to principals who had never seen an assessment like it. Tonight, 25 schools made the case for us, just by being here.”
Ei and Sage currently work with more than 120 schools across the UAE. Organizers emphasized that the 25 honored schools represent a snapshot of a broader community of participating institutions. For more details www.sageuae.com

Approximately 125 billion electronic invoices are issued annually worldwide out of a total global invoice volume of 600 billion. The global e-invoicing market is valued at US$18.5 billion and is projected to grow to over US$70 billion by 2034

Dubai , September 28 , 2026 :UAE corporates and businesses should use the available time to prepare for E-Invoicing, which becomes effective in phases starting January 1, 2027 – or just over three months away, according to officials and experts speaking at a conference titled: The Next Tax Compliance Chapter in Corporate Tax Returns, Transfer Pricing and E-Invoicing, organised by the Dubai Chapter of the Institute of Chartered Accountants of India (ICAI).

 The UAE is introducing a mandatory Electronic Invoicing (E-Invoicing) system managed by the Federal Tax Authority (FTA) to improve tax transparency and reduce fraud. E-Invoicing is a key step in the UAE’s digital transformation journey, enabling secure, structured and fully electronic exchange of invoice data between businesses and reporting it to the FTA.

The conference, attended by more than 500 members of ICAI, featured keynote addresses by eminent speakers who urged professionals to focus on their mind, sharpen them and utilise the power of mind.

“We are fortunate enough to be witnessing, and as Chartered Accountants being part of an exciting time that will be remembered in history for a smooth migration from a non-tax to a tax environment. By implementing the international best practices in taxation, the UAE has taken a leadership role in its migration to the tax environment that has so far been smooth,” CA Rishi Chawla, Chairman of the Dubai Chapter of the ICAI, said in his opening remarks at the conference.

“With the E-Invoicing programme that is going to be implemented next year, we can see that the country is becoming a role model in this transformation, The FTA is gradually preparing the stakeholders for the most transparent tax environment and as Chartered Accountants, I’m sure we are more than ready for this game-changing transformation.”

E-invoicing refers to the automated creation, sending, and processing of digital billing documents between businesses and governments without manual work. By introducing E-Invoicing, the UAE wants to be a key enabler of a modern digital and paperless economy while maximising UAE Federal Government revenue collection, reduce tax gaps and tax evasion and creating a balanced playing field for all businesses and thereby enhancing the ease of doing business.

The UAE collected more than Dh46 billion (US$12.5 billion) in Value Added Tax (VAT) and Excise Tax revenues in 2025, marking a 15 percent increase from Dh41 billion in 2024.

Dr. Zahra Al Dahmani, Director of Tax Payer Services Department Federal Tax Authority, says, “When people hear about E-Invoicing, they think about compliance or just another administrative requirement. But the reality is, E-Invoicing is much bigger than that. E-Invoicing represents another important step in the UAE’s digital transformation and in the continued development of a tax system that is efficient, transparent and designed to support a model economy. 

“Technology has helped reshape the UAE’s progress for many years not because we adopt innovation for its own sake, but because we recognise its ability to simplify the processes, improve services and create new opportunities. Our approach has also been guided by flexibility and international best practices. The UAE has adopted a decentralised continuous transaction, control and exchange model, commonly known as the Five-Corner Model, allowing businesses to exchange e-invoices through the Accredited Service Providers using internationally recognised standards.”

Explaining the role of the Ministry of Finance, Federal Tax Authority and the Accredited Service Providers, she said, “We have now reached at an important stage in the programme – the Pilot Phase – is underway. Businesses can now onboard their Accredited Service Provider through Emaratax and participating organisations can begin issuance and exchange of E-Invoices during the testing processes. The programme has now moved from planning to implementation stage – which brings me to my main message – Use the time available to prepare!”

According to the global industry authority Billentis, approximately 125 billion electronic invoices are issued annually worldwide out of a total global invoice volume of 600 billion. The global e-invoicing market is valued at approximately US$18.5 billion and is projected to grow to over US$70 billion by 2034. More than 80 countries plan to enforce structured e-invoicing rules by 2027 to close tax gaps.

The UAE has more than 1.4 million registered businesses and 245,000 of them have applied for Corporate Tax registration, so far.

Hisham Al Taher Board Member, Chairman, Tax Committee / Media Affairs Emirates Association for Accountants & Auditors, said, “Putting the words ‘tax’ and ‘happiness’ together in the same statistics is not an easy achievement. For many years, we considered an invoice as a piece of paper. Now it is gradually becoming a structured data that can travel between systems that remains there as a record that we could later analyse.

“For me it is not just another project – but a complete business transformation – that makes tax more transparent and helps businesses operate better.”

With more than 3,200 members, ICAI Dubai Chapter is the largest business group in the UAE. Established in 1982, it is also the largest, most active and award-winning chapter among the 44 overseas chapters of ICAI. It has registered a phenomenal growth in membership has exceeded 3,200 members who represent more than 1,550 multinationals and other companies.

CA Mithilesh Reddy, Founder and CEO of SBC Tax Consulting, said, “It has been a remarkable few-year journey of implementation of the Corporate Tax in the UAE. I remember, in 2022–23, when we were discussing transfer pricing and the introduction of corporate tax, we were also involved in preparing the guidance notes from Delhi.

“I still remember participating in the Train the Trainer programme. From there onwards, we worked on the guidance notes, and today, we are here discussing the second year of implementation. It has been a remarkably smooth journey. There have been no extensions and no major confusion. The system has been integrated smoothly, and that deserves recognition.”

ICAI is the largest professional body of Chartered Accountants across the world with over 1,000,000+ students and around 450,000+ members. ICAI has a wide network with five Regional Councils, 176 Branches, 54 Overseas Chapters, and 31 representative offices across the globe. And among 54 overseas chapters, ICAI Dubai Chapter is the largest and most vibrant chapter of ICAI. Of the 8,000 Indian Chartered Accountants active in the UAE‘s private sector, 1,400+ are currently leading businesses in senior positions.

Dubai , September 2​8 , 2026 : As the UAE moves into the season of gifting, gatherings, and celebration,

Emirates Gold, one of the country’s leading precious metals refineries and mints, is highlighting the
enduring role of certified gold and silver at the heart of the months ahead. With weddings, festivals, and
family milestones filling the calendar, the company is encouraging buyers to approach seasonal gold and
silver purchases with the same confidence and assurance they would expect from any considered
investment.
Gold has always occupied a special place in the region’s celebrations, given as a gift, kept as a keepsake,
and valued as a store of long-term worth. As the season returns, so does demand for precious metals in
every form, from certified coins and smaller denominations to investment-grade bars. Emirates Gold’s
range, spanning half a gram to one kilogram in both gold and silver, is designed to meet that demand
across every occasion and budget, without compromising on the certified quality that defines the
company’s work.
Through its retail boutique in Jumeirah Lakes Towers and its certified product range, Emirates Gold
makes trusted, refinery-backed precious metals directly accessible to individual buyers. Every piece
carries the same assurance: certified purity, precise weight, and responsible sourcing, backed by a
refinery that has produced gold and silver to internationally recognised standards since 1992. For
seasonal buyers, that assurance means a gift or purchase that holds both its meaning and its value.
Abhijit Shah, Chief Executive Officer of Emirates Gold, said: “The season ahead is one of the most
meaningful times of the year for gold and silver in this region. It is when families celebrate, when gifts
are chosen with care, and when many people make some of their most considered precious metals
purchases. Our commitment is to make sure that every one of those purchases can be made with
complete confidence, that whatever a customer chooses, from a half-gram coin to a one-kilogram bar, it

is certified, trusted, and refined to the highest standard. That is what turns a seasonal gift into
something that lasts.”
As the season of celebration continues, Emirates Gold remains focused on making certified gold and
silver as accessible as it is trusted, pairing decades of refinery heritage with a growing range of products
designed for a new and diverse generation of buyers. For gifting, for keeping, or for building long-term
value, the company continues to place certified precious metals at the centre of the moments that
matter most.

Sharjah , September 27, 2026 : The Sharjah Publishing Sustainability Fund (Onshur) has launched its “Launch” track, with 25
aspiring publishers selected from 122 applicants for a professional development programme
focused on building and growing sustainable publishing businesses.
Held at the Sharjah Book Authority (SBA) headquarters, the four-day programme runs through
October 18 and combines publishing industry knowledge with practical business training.
Participants will learn how to navigate key decisions facing new publishers, from balancing
content quality and production costs to reaching readers and developing viable business plans.
A sustainable publishing industry
Ahmed bin Rakkad Al Ameri, CEO of the SBA, said: “The sustainability of the publishing
industry starts with investing in the people who lead it and equipping a new generation of
publishers with the knowledge and tools to build businesses that can grow and endure. The
industry’s development depends on publishing houses that understand content, markets and
readers, and can build business models that adapt to changes in the sector while introducing
new experiences and voices.”
He added: “This approach stems from the vision of His Highness Sheikh Dr. Sultan bin
Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, who has placed books
and knowledge at the centre of Sharjah’s cultural project. Building on this vision, Her Highness

Sheikha Bodour bint Sultan Al Qasimi, Chairperson of SBA, has developed initiatives that
respond to the needs of publishers and support the industry’s long-term development. Onshur
advances this work by supporting publishing businesses at different stages, giving founders the
knowledge and tools to turn their ideas into viable businesses that can grow, compete and
reach readers.”
New expertise in publishing
Commenting on the launch of the track, Iman Ben Chaibah, Director of Strategic Initiatives and
Global Markets at SBA, said: “A sustainable publishing business depends on its founder’s ability
to combine quality content with an understanding of the market and sound management of
resources. Guided by the vision and directives of Her Highness Sheikha Bodour bint Sultan Al
Qasimi, Chairperson of the SBA, the Launch track equips aspiring publishers with the
knowledge and experience to put these fundamentals into practice, navigate the challenges of
starting a publishing business and bring new expertise and greater diversity to the industry.”
Establishing a publishing business
Participants began with the foundations of publishing, covering publishing models, the book
lifecycle and key stages of publishing, from defining a publishing house’s identity and areas of
focus to selecting titles and developing and editing content. The opening sessions also
introduced business planning, business models and project pitches, giving participants a
practical overview of both the publishing process and the business behind it.
Rashid Al Kous, Executive Director of the Emirates Publishers Association, led a session on the
association and its “Manassah” platform, explaining how they support publishers through
industry connections, resources and services.
Upcoming sessions will focus on the legal and commercial aspects of publishing, including
copyright, contracts, rights acquisition and sales, and related revenues. Participants will also
learn how to develop a visual identity and brand, build a presence across digital platforms, and
present their businesses and publications to their target audiences.
Reaching readers
The track introduces participants to book production options, including conventional and digital
printing, as well as print-on-demand, and how to determine publication specifications and print
quantities while managing production costs. A field visit to Lightning Source Sharjah, a large-
scale print-on-demand facility, will give participants practical insight into the production process
and how these decisions are applied in a commercial publishing environment.
The programme also covers the practical steps involved in getting books to readers, including
distribution through bookstores and other retail outlets, working with e-commerce platforms,
setting up an online store, and managing inventory, shipping and order fulfilment. Participants
will also learn about company licensing, book permits and ISBNs, and visit Sharjah Publishing
City to explore its office, licensing and storage services.
Digital publishing and AI

Upcoming sessions will explore digital publishing models, including e-books, audiobooks and
the platforms used to publish them. Participants will learn how to manage revenues from digital
formats and adapt to changing reader behaviour, helping them identify publishing and
distribution options suited to their titles and target audiences.
The programme will also explore the use of artificial intelligence in editing, content
enhancement, and translation, as well as in developing social media content and editorial plans,
and in drafting contracts and commercial proposals. Participants will also examine intellectual
property rights related to AI-generated content and the legal and commercial considerations
surrounding its use.
Managing growth and sustainability
The track dedicates a core part of the training to financial management, helping participants
understand the relationship between publishing costs and revenues and plan their finances from
the outset. Topics include managing income, expenses, invoices and tax obligations, as well as
pricing books, analysing profit margins and setting distribution discounts. The training is
designed to help participants make informed financial decisions based on their operating costs
and business needs.
The programme concludes with training on presenting publishing projects and developing
pitches that clearly set out participants’ business models and what distinguishes them.
Participants will also prepare for questions from panels and relevant organisations, helping them
articulate their business concept, its value and their plan for operating in the publishing market.

Sharjah, September 27 , 2026 : Sharjah Electricity, Water and Gas Authority (SEWA) announced that it is continuing efforts to implement and complete natural gas network projects in the Central Region.

These projects are designed to meet the growing needs of local residents, upgrade service quality across the residential, commercial, and industrial sectors, and deliver safe, sustainable, and affordable energy that enhances overall quality of life.

To support this, SEWA is currently rolling out four major projects to expand and modernize the natural gas network in the Central Region, with a total investment of over AED18.838 million.

Engineer Ibrahim Al Balghouni, Director of the Natural Gas Department at SEWA, explained that the natural gas network expansion plan in the Central Region includes the second phase of the main Al Bataeh gas pipeline extension to reach Al Dhaid and complete the loop around Tal Al Zaafaran neighbourhood.

The 27-kilometre project, valued at AED7.73 million, has reached 70% completion and is expected to be completed in November 2026.

He added that projects implemented by SEWA since the beginning of this year include the development of the natural gas network in Al Dhaid City, covering Jebel Omar and Tal Al Zaafaran neighbourhoods. The project, valued at AED 5.25 million, spans 63,574 metres and will benefit 286 buildings in Tal Al Zaafaran and 164 buildings in Jebel Omar.

Al Balghouni said SEWA will begin implementing a project to develop the gas network in Al Dhaid City’s Al Hisn 1 area at a cost of AED 3.158 million and over a length of 30.3 kilometres.

No-objection certificates are currently being obtained from the relevant authorities ahead of implementation, with the project expected to be fully completed by the end of June 2027.

SEWA will also begin developing the gas network in Al Dhaid’s Al Sweih area at a cost of AED2.7 million. The project will extend over 27 kilometres and is expected to be completed by the end of July 2027.

Expansion supports clean and cost-effective energy

Al Balghouni noted that expanding the natural gas network in the Central Region represents a key step in SEWA’s comprehensive strategy to provide clean and cost-effective energy to residents across the Emirate of Sharjah.

He added that SEWA teams continue to work intensively in cooperation with various government entities to ensure the projects are completed efficiently and promptly.

Dubai , September 27 , 2026 : Sharjah Islamic Bank (SIB) has successfully issued a US$500 million five-year Sukuk amid strong investor demand.

The issuance attracted an order book of US$1.3 billion, representing 2.6 times the issue size.

The Sukuk was priced at a final yield of 5.85 percent, equivalent to a spread of 105 bps over five-year US Treasuries, marking SIB’s thirteenth Sukuk issuance since it entered the capital markets in 2006, reaffirming its continued presence in international Sukuk markets and its experience in executing successful issuances across different market cycles.

Mohamed Abdalla, CEO of Sharjah Islamic Bank, said the successful issuance reflects investor confidence in the bank’s financial performance and long-term strategy.

He noted that capital market activities are a key component of SIB’s funding strategy, supporting its financing plans and strengthening its ability to achieve sustainable growth.

“We continue to build on SIB’s presence in international capital markets, supported by solid financial fundamentals and a disciplined approach to balance sheet and liquidity management. This strengthens our ability to achieve sustainable growth and maintain our position as a trusted issuer in international Sukuk markets,” he added.

Ahmed Saad, Deputy CEO of Sharjah Islamic Bank, said the US$1.3 billion order book, representing 2.6 times the issue size, reflects strong investor demand for the issuance and confirms investors’ confidence in the bank and its ability to execute successful issuances in international capital markets.

He added that the successful issuance strengthens the bank’s flexibility in managing its funding needs and diversifying its sources of liquidity, supporting its long-term growth plans.