Government

Despite it being globally renowned for its cultural achievements, Sharjah is also known for its investment sector, which maintains a balance of growth across all sectors, according to Mohammed Jalal Al Rayssi, Executive Director of the Emirates News Agency, WAM. “The emirate has proven its ability to anticipate future trends related to foreign investments and has succeeded in attracting and ...

The Government of Sharjah will invest up to 1.9 billion dirhams ($517.32 million) in Invest Bank, the lender said on Wednesday, disclosing details of the two-stage investment plan. The Sharjah government stepped in to support Invest Bank, after it was hit by recent high levels of loans. The Government of Sharjah will buy 1.59 billion shares of Invest Bank for ...

Sharjah has announced a budget with total expenses of Dh25.7 billion for 2019, marking a 10 per cent growth in comparison to its budget last year. His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah approved the spending for 2019, which will see an increase in spending on public safety as ...

Sharjah Chamber of Commerce and Industry (SCCI) organised a business forum at its headquarters on Thursday, in the presence of Waleed Abdulrahman Bukhatir, Second Vice Chairman of SCCI, Verani Miklosi, First Vice President of the Hungarian Chamber of Commerce and Industry, and a delegation of 28 officials and businessmen representing 19 government and private entities. The discussions occurred during a ...

Held under the patronage of His Highness Sheikh Dr. Sultan bin Mohamad Al Qasimi, Supreme Council Member and Ruler of Sharjah, Sharjah Economic Development Department “SEDD”, with a strategic support from the Ministry of Economy and Abu Dhabi Economic Development Department, launches the fifth session of UAE Economic Planning Forum Tuesday 20th of November 2018, under the slogan “Future Economy ...

More than 25 percent of the world’s 500 largest companies have UAE as the regional base of their operations in the Middle East and North Africa in yet a new sign attesting to the prestigious position boasted by the country as one of the world’s most preferred investment hubs. According to the UNCTAD World Investment Report, the UAE came 30th ...

Al Saja’a Industrial Oasis (ASIO) has announced a special incentive of a payment plan in a bid to facilitate investors and businesses to set-up new trade in Sharjah or expand by taking advantage of its strategic location, world Class infrastructure and attractive payment plans. Announcing the new payment plan option, Ahmed Juma Al Musharrekh, Acting Director – Commercial at Sharjah ...

Under the directives of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council Ruler of Sharjah, the Sharjah Investment and Development Authority (Shurooq) recently announced the launch of the development and redesigning project of Khorfakkan Beach. The project aligns with Shurooq’s strategy to integrate tourism and family destinations across the emirate of Sharjah. The project ...

Sharjah Chamber of Commerce and Industry (SCCI) stressed its keenness to achieve the best representation of the interests of the business community in Sharjah and to provide all possible support to the private sector enterprises, with the aim of providing them with maximum protection and enhancing efforts to create a business-friendly and attractive investment environment. This came during the 2018 ...

Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council (SEC), chaired a meeting of the Council on Tuesday, at the Ruler’s Office in Sharjah, in the presence of Sheikh Abdullah bin Salem Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of the Sharjah Executive Council. Following the ...