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Bank of Sharjah, expat access
- United Arab Emirates: Sunday, October 01 - 2006 at 13:21
The Bank of Sharjah has approved an increase in the amount of stock available to expatriate investors at an Extraordinary General Assembly. Non UAE national investors can now own up to 30% of the bank's total shares, an increase of 10%. The bank hopes the move will lift the bank's share price and enhance the value of its $136.2m bond issue when the bonds are listed on the ADSM.
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Jonathan Sheikh-Miller, Deputy EditorSunday, October 01 - 2006 at 13:21 UAE local time (GMT+4)
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This article was updated on Wed Oct 04 2006.
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