Economy Local 2025-11-13T05:27:45+00:00

Sharjah Bank Successfully Prices $500 Million Bond

Sharjah Bank has successfully priced a five-year bond issuance worth $500 million in international markets. The proceeds will be used to finance new projects.


Sharjah Bank Successfully Prices $500 Million Bond

Sharjah Bank has successfully priced a five-year bond issuance worth $500 million in international markets. This issuance marks a significant event for the country's financial sector, demonstrating the confidence of international investors in the economy of the United Arab Emirates. The proceeds from the bond will be used to finance new projects and further develop the bank's operations. The successful bond placement strengthens Sharjah Bank's position as one of the leading financial institutions in the region.