Sharjah: Sharjah Islamic Bank said earlier this week it has inaugurated its new branch in Jebel Ali, strengthening its presence on the local banking arena. The opening of SIB's fourth branch in Dubai brings the number of SIB branches across the UAE to a total of 32. The opening ceremony was attended by Mohammad Abdullah, CEO of Sharjah Islamic Bank, who inaugurated the new branch in the presence of HE Ali Ibrahim, Deputy Director General at the Department of Economic Development, Dubai (DED). The Jebel Ali branch will provide a wide range of banking services to retail and corporate clients and SMEs including trade finance and corporate. The bank's clients can make use of the various banking products provided at the new branch, which also provides a package of retail banking services.