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Sharjah Ruler issues Amiri decree establishing AUS Enterprises
His Highness Sheikh Dr. Sultan Bin Mohammad Al Qassimi, Supreme Council Member, Ruler of Sharjah, and President of American University of Sharjah (AUS), has issued an Amiri decree regarding the establishment of a business entity for American University of Sharjah named AUS Enterprises.
The decree states that AUS Enterprises will be fully owned by the university with the university being the sole stakeholder, which will operate its business in accordance to its bylaws and articles of incorporation.
The business entity will also be exempted from all taxes.