UAE economy expansion to continue: Opec

The UAE’s economy, which grew 3.8 percent in the first quarter of 2023, will continue to expand, according to an Organisation of the Petroleum Exporting Countries (OPEC) report. In its September 2023 …

Sharjah crunches towards fair value

At 190bp, Sharjah is well inside fair value for a conventional March 2034 bond, said the syndicate banker off the trade. He put the fair value at around the sukuk’s initial price talk, 220bp.