Posted inPolitics & EconomicsLatest NewsUAE

Sharjah government explores enhancing collaborations with Arab and international financial institutions

The delegation held meetings with leading institutions such as J.P. Morgan Private Bank, Standard Chartered Bank, HSBC Bank, Bank of Africa, Attijariwafa Bank, and Banque Populaire

A delegation comprising representatives from the Sharjah Government and the Bank of Sharjah held a series of meetings in Marrakesh, Morocco, to discuss ways of strengthening the partnership between the government and financial establishments.

The delegation, led by Waleed Al Sayegh, Director General of Sharjah Finance Department (SFD), held meetings with senior representatives of leading institutions such as J.P. Morgan Private Bank, Standard Chartered Bank, HSBC Bank, Bank of Africa, Attijariwafa Bank, and Banque Populaire.

The main topics of discussion revolved around global economic and financial developments, as well as the implications of price fluctuations and political situations in various regions.

The delegation meetings also reviewed the strategies, plans, studies, and reports that impact the futures policies of financial institutions and the public debt system.


Waleed Al Sayegh, SDF Director General, the sukuks and bonds of the Emirate of Sharjah were introduced during the delegation’s meetings with leading international financial institutions.

“Due to the emirate’s robust economic standing, secure investment environment, and sturdy financial solvency, these offerings are in high demand among global investors,” he said.

Mohamed Khadiri, CEO of the Bank of Sharjah, said the meetings between the government and financial institutions presented a valuable opportunity to discuss areas of cooperation and partnership based on the bank’s future plans and strategies.

He said the deliberations aligned with the emirate’s aspirations, aimed at effectively capitalizing on both local and global opportunities.

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