Sharjah plans to establish a Centre of Excellence for Digital Government in the American University of Sharjah Research, Technology and Innovation (RTI) Park. The news was revealed during a meeting between His Highness Sheikh Dr Sultan Bin Mohammed Al Qasimi, Member of the Supreme Council, Ruler of Sharjah and President of American University of Sharjah and visiting SAP CEO Bill ...

Sharjah Electricity and Water Authority (SEWA) is evaluating eight bids for the contract to expand and convert Hamriyah power plant from an open-cycle plant to a combined-cycle facility, according to Middle East Economic Digest (MEED). Media reports indicate that the expansion is expected to increase electricity production capacity from 500 Megawatts (MW) to between 1,000 MW and 1,500 MW. The ...

Mleiha Archaeological and Eco-tourism Project, a new tourist, heritage and eco-tourism destination 50km east of Sharjah city, is to have an astronomical observatory built on top of one of the area’s mountains. The observatory is one of the outcomes from an agreement signed between Sharjah Investment and Development Authority (Shurooq) and Sharjah Centre for Astronomy and Space Sciences (SCASS), under ...

Opportunities for Turkish investors was the main item on the agenda at a business meeting at Sharjah Chamber of Commerce and Industry (SCCI). Organised by Sharjah Investment and Development Authority (Shurooq) in association with the Turkish Business Council in the UAE, the event was held in the presence of His Excellency Erdem Ozan, Turkish Consul General in Dubai, His Excellency ...

Sharjah-headquartered Air Arabia PJSC (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has announced a 34 percent increase in its net profit for the three months ending 31 March 2016, compared to the same period last year. The strong first quarter financial results exceeded analyst expectations, despite regional economic uncertainties resulting from lower oil prices. ...

Sharjah Investment Center (SIC), a new 32 million square foot mixed-use industrial development in Sharjah, has sold 80 percent of the plots in its first two development phases to-date, according to Saudi property developer SNASCO. The project, which is a joint venture between SNASCO and UAE investors, has sold 350 plots out of the 15 million sq. ft. area allocated ...

The government role in supporting and growing Sharjah’s real-estate sector was a key topic under discussion at the Middle East Investment Summit (MEIS) 2016, which ran from May 2-3 at the Ritz-Carlton, Dubai International Financial Centre, Dubai. The subject was one highlighted by Sharjah Investment and Development Authority (Shurooq), who is the Gold Sponsor at MEIS 2016, with the government ...

Sharjah Investment and Development Authority (Shurooq) has showcased its rich portfolio of tourist projects and leisure destinations to visitors and tourism industry experts during its sixth consecutive participation in the Arabian Travel Market (ATM 2016), which concludes April 28th at Dubai International Exhibition and Convention Centre. Shurooq’s participation at ATM 2016 forms part of its on-going efforts to promote investment ...

Sharjah Investment and Development Authority (Shurooq) has signed a Memorandum of Understanding (MoU) with Oxford Business Group, a leading global publishing, research and consulting company. The agreement will see the UK-based organisation conduct an in-depth study on the emirate’s economic landscape, with the report to form the basis of the emirate’s ongoing investment promotion strategy. The ‘Sharjah Report 2016’ will ...

Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, plans to launch the second stage of sales for Al Saja’a Industrial Oasis on April 28th via a sales event at the Sheraton Sharjah Beach Resort and Spa. SAM opened sales for the first stage of its new 14 million square foot industrial estate in October last year, ...