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One of the most respectable groups in the UAE, Sharaf Exchange LLC was established in 1996. It is actually part of Sharaf Group, a highly diversified business with operations in a lot of areas such as Education and Manufacturing, Shipping, Logistics, Travel and Tourism, Financial Services, Information Technology, and Hospitality & Real Estate. As for Sharaf Exchange, it belongs to the Financial Services area. The Sharaf Group is in Dubai and it operates in 40 countries. The chairman of Sharaf Group is none other than Mr. Ibrahim Sharaf together with its vice president, Mr. Sharafuddin Sharaf. There are more than 9,500 people employed in their company already.

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On November 2, 2016, the Securities and Exchange Commission ("SEC") Division of Corporation Finance released two new compliance and disclosure interpretations ("C&DIs") addressing eligibility to use Form S-3 registration statements and submission of annual reports to the SEC.

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