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Sharjah Islamic Bank Issues $500 Million Sukuk Amid Strong Investor Demand
Sharjah Islamic Bank has successfully issued a $500 million sukuk, marking its sixth offering under the bank's $3 billion Trust Certificate Issuance Programme established in 2013. The five-year Islamic bond, maturing in July 2029, attracted robust interest from both regional and international investors, with orders reaching $1.5 billion, resulting
WHO Requests $135 Million for Global Mpox Response
The World Health Organization (WHO) has initiated a global response plan to address the mpox outbreak, seeking $135 million in funding to coordinate international efforts. This new initiative comes as mpox, previously known as monkeypox, has emerged as a significant
DEWA reports record financial results for H1 2025
Dubai Electricity and Water Authority has unveiled its strongest-ever financial performance for the first half of 2025, with significant growth across all key metrics. The company achieved an impressive revenue of AED14.6 billion, an EBITDA of AED7.0 billion, and
Pound Surges to 13-Month High Against Dollar
British pound strengthened sharply following a surge in PMI data, climbing to $1.3129, the highest level since July 2023. The pound's upward momentum was bolstered by encouraging economic indicators, outpacing its performance against the euro and reaching a peak not