UAE: Sharjah Islamic Bank issues $500 million, five-year sukuk amid robust global demand | World News

Sharjah Islamic Bank completes $500 million, five-year Sukuk, reflecting strong global investor confidence/Image: WAM Sharjah Islamic Bank (SIB) has reinforced its standing in global capital markets with the successful issuance of a US$500 million senior unsecured Sukuk. The transaction, completed during a period of heightened market volatility and year-end liquidity pressures, highlights the bank’s resilient […]

Singapore economy beats Q1 forecasts, warns of trade war risks | World News

SINGAPORE: Singapore’s economy rose faster than expected in the first quarter year-on-year, official data showed Thursday, pushed by stronger global demand as businesses rushed to beat the imposition of higher US tariffs.The government, however, warned that downside risks remained as a full-blown trade war between the United States and China could still reignite after the […]