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Sharjah hires banks for $1bn sukuk sale

The emirate of Sharjah hired banks to raise as much as $1bn from international debt markets, joining wealthier Gulf states to shore up its finances against the fallout of the coronavirus pandemic. The third-biggest sheikhdom in the United Arab Emirates mandated HSBC Holdings, Mashreqbank, Sharjah Islamic Bank and Dubai Islamic…

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Click here to read the full story: Gulf Business

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