Business

A Sharjah delegation to the People’s Republic of China recently partook in high-level meetings with senior Chinese officials to explore cooperation opportunities and strengthen economic, cultural, and academic ties during their first stop in the capital of Beijing. Led by the Department of Government Relations (DGR) in collaboration with the UAE Embassy in China, the delegation comprising 18 departments and ...

ighteen prominent entities from Sharjah, led by the emirate’s Department of Government Relations (DGR), are set to travel to the People’s Republic of China from June 2 to 8 for a momentous official visit. The primary objectives of this delegation’s visit are to fortify bilateral relations and delve into potential collaboration opportunities across economic, cultural, tourism, healthcare, sport as well ...

The Sharjah FDI Office (Invest in Sharjah) has announced substantial progress in strengthening the emirate’s status as a leading industrial centre in the region. In 2023, Sharjah’s manufacturing sector attracted USD 18.9 million in foreign direct investment (FDI), which reflects the ongoing growth supported by economic diversification policies and the strategic allocation of local and foreign capital, enhancing the resilience ...

Sharjah SME Ruwad, affiliated with the Sharjah Department of Economic Development (SEDD), announced that 109 new projects have joined its membership during the first quarter of 2024, while it approved financing two pilot projects with a total value of AED550,000. The results of the quarterly report issued by the Ruwad showed that 125 projects were implemented during the first three ...

His Excellency Hamad Ali Abdalla Al Mahmoud, Chairman of Sharjah Economic Development Department “SEDD” received a delegation from Sharjah Investment and Development Authority “SHUROOQ” headed by His Excellency Ahmed Obaid Yousef Al Qaseer, CEO of SHUROOQ, Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah, and Saif Al Suwaidi, the Acting Manager of Sharjah Investor Services Center “SAEED”. This meeting ...

Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq) has led the annual meeting of Eagle Hills Sharjah Development LLC board. This joint venture, between Shurooq and Abu Dhabi-based real estate developer Eagle Hills, remains committed to propelling Sharjah’s development forward with dynamic and diversified growth initiatives. The hour-long meeting held at the Sharjah ...

In response to increasing demand from entrepreneurs and investors from the region and around the world, the Sharjah Publishing City Free Zone (SPC Free Zone) has announced expansion of operations to deliver round-the-clock support to its customers. The free zone also guarantees a 3 business days turnaround for clients seeking to open bank accounts in the UAE. The new initiative ...

During their participation in the 13th edition of AIM Congress in Abu Dhabi, a delegation representing the emirate participated in the Sharjah pavilion to showcase the emirate’s commitment to fostering responsible investment, sustainable economic growth, as well as strategies to attract FDI to local markets. Held from May 7 to 9 under the theme “Adapting to a Shifting Investment Landscape: ...

During Q1 2024, Sharjah Economic Development Department (SEDD) issued and renewed a total of 17,722 licenses, processed via various channels including the SEDD smart application, website, service centers, headquarter, and branches. Among these, 2,129 were new licenses while 15,593 were renewals, marking a 1% growth compared to the same period in 2023. SEDD Chairman, Hamad Ali Abdalla Al Mahmoud, emphasized ...

Emirates Development Bank (EDB) together with Sharjah Entrepreneurship Centre (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI) announced today the launch of Sheraa’s Centre of Excellence (CoE) for Advanced Manufacturing and Consumer Packaged Goods (CPG). This first-of-its-kind initiative in the UAE aims to advance the nation’s vision for innovation in the manufacturing industry by incubating and enabling the growth ...