Wednesday 6 November 2024
 
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Al Sharq

UAE Ministry, Al Sharq Hospital sign medical services deal

The UAE Ministry of Economy has signed a cooperative agreement with Al Sharq Hospital in Fujairah, UAE, to facilitate the provision of medical services and treatment for ministry employees. The agreement forms part of the ministry

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Al Sharq launches luxury project on Palm Jumeirah

Saudi-based Al Sharq Investment has announced plans to develop a major luxury residential project - The Alef Residences - on a 46,840 sq m area of land at Palm Jumeirah in Dubai, UAE.   The Alef Residences, which will be a pro

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Adib provides $272m refinancing for Baniyas projects

UAE-based Abu Dhabi Islamic Bank (Adib) has finalised a Dh1-billion ($272 million) financing facility to Baniyas Investment & Development Company (BIDC) to refinance the latter's construction projects in the UAE capital. The tra

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Bank of Al Sharq’s IPO oversubscribed

Bemo Saudi Fransi Finance (BSFF) has successfully closed the Bank Al Sharq's initial public offering (IPO). In a powerful vote of confidence, Syrian individual investors subscribed to the equivalent of SP2.246 billion ($0.048 billion), rep

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BSFF to manage Bank Al Sharq's IPO

Bemo Saudi Fransi Finance (BSFF) has said that it will manage Bank Al Sharq’s upcoming Initial Public Offering (IPO). BSFF was recently contracted by Bank Al Sharq to manage the public offering of 20.5 per cent of the Bank’s SY

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