Sharjah Islamic Bank (SIB), one of the leading Islamic financial institutions in the United Arab Emirates, inaugurated the new headquarters of its Al Dhaid branch in Sharjah.
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A majestic parade in Sharjah’s oasis, Al Dhaid city, signalled the start there of the UAE’s 50th anniversary celebrations, which continued till December 1.
Sharjah: Sheikh Sultan bin Ahmed Al Qasimi, Chairman of the Sharjah Media Council and member of the Sharjah Executive Council, said that the emirate made huge strides of development and progress during 2020, an extraordinary year.
The year began with His Highness Dr Sheikh Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, approving the annual budget on January 12, 2020. The 2020 budget was the largest ever in the emirate’s history, sanctioning total expenditures of Dh29.1 billion, a 2 per cent increase over the 2019 budget. Dr Sheikh Sultan followed it up by approving on December 27, 2020 the general budget of Dh33.6 billion for year 2021, a significant increase of 12 per cent over the year 2020.