Business

As part of its strategic efforts to enhance its services and operations in the travel and cargo sector, Sharjah Airport Authority (SAA) announced the addition of UPS, a global leader in logistics, to the list of global cargo companies operating from Sharjah Airport with four weekly cargo flights. This announcement was made during a reception held by the SAA, attended ...

The Hamriyah Free Zone Authority (HFZA) continues to attract international industrial leaders, with Italy’s Raccortubi S.p.A. opening a 20,000-square-foot warehouse. The new AED 25 million ($6.8 million) facility, part of the company’s ongoing expansion into the Middle East, is set to support oil and gas projects in the region, leveraging HFZA’s advanced infrastructure and strategic location to reach a global ...

With the aim of strengthening partnerships with government and private entities, Sharjah Media City “Shams” presented, through “Shams Talks” podcast, several interviews with officials, experts and prominent figures based on its pioneering role in strengthening the media sector in different fields, introducing the achievements of the Emirate of Sharjah in various sectors and shedding light on the most prominent media ...

According to the “Real Estate Market Performance Report” issued by Sharjah Real Estate Registration Department, the real estate market in Sharjah continues its growth, achieving a trading value of AED 3.9 billion in various areas and cities of the emirate during July 2024. The total number of transactions reached 4,146, while the total area traded in sales transactions reached 13.8 ...

Technomak, a turn-key EPC company specializing in the fields of oil and gas, FPSO, and renewable energy, has announced a significant expansion plan in the Hamriyah Free Zone, Sharjah. In response to increasing global demand for its products, Technomak will add 500,000 square feet to build a new factory, increasing the total area of its facilities in the free zone ...

The Emirate of Sharjah oil and gas industry leader, Sharjah National Oil Corporation (SNOC), and Emerge Limited, a joint venture between Masdar and the EDF Group, celebrated a significant milestone today with the groundbreaking ceremony for the largest solar installation in Sharjah to date. The 60MWp ground-mounted solar PV plant, located at SNOC’s Sajaa Gas Complex, will generate enough clean ...

Steering investments towards a wise economy in a rapidly changing world is a strategic decision for foreign investors seeking stable and sustainable growth. Sharjah’s economy, playing a pivotal role in the UAE’s economic landscape, is one of the region’s most diversified and sustainable economies. The emirate’s gross domestic product (GDP) saw a 6.5 percent surge, reaching approximately AED 145.2 billion, ...

Sharjah Taxi has announced that 83% of its fleet consists of hybrid and eco-friendly vehicles that run on both fuel and electricity. This is part of Sharjah Taxi’s ambitious and strategic plan to reach 100% by 2027, in line with the country’s objectives to adopt sustainable transportation solutions and develop an integrated network of smart and eco-friendly transport systems that ...

Sharjah has solidified its reputation as a premier destination for the jewellery industry, attracting 17 gold stores in the past five months. The latest addition to this growing list is Dusoul by Dhamani, a renowned jewellery brand founded in India in 1969 and expanded into the UAE in 2000. In a strategic move, the brand has invested AED 20 million ...

The Sharjah FDI Office (Invest in Sharjah) recently organised a business roundtable to convene industry leaders and prominent business owners from the People’s Republic of China. The event, attended by Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR), and HE Ahmed Obaid Al Qaseer, CEO of Sharjah Investment and Development Authority (Shurooq), focused on strengthening cooperation ...