Recent Posts

RAK Bank to close 25% of its branches next month

The National Bank of Ras Al Khaimah (RAK Bank) will shut down nine branches from next month as demand for digital banking grows among the UAE residents. The lender will close six branches in Dubai and one each in Sharjah, Khor Fakkan and Abu Dhabi from September 3, 2020. In Dubai, branches in Al Ras, Mirdiff, Marina Diamond, Al Quoz ...

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Sharjah FDI Office highlights how emirate is responding to shifting needs of American investors in current economic climate

The Sharjah FDI Office, Invest in Sharjah, an affiliate of the Sharjah Investment and Development Authority, Shurooq, organised an interactive business webinar via the Zoom platform on Tuesday, 21st July, 2020, to introduce emerging opportunities in various high-potential sectors to investors and businesses from the United States, US. With 462 US companies currently operating in Sharjah – 200 onshore and ...

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SCCI discusses harnessing Italian technology in boosting Sharjah’s manufacturing output

The Sharjah Chamber of Commerce and Industry, SCCI, recently discussed means of developing economic cooperation with the Embassy of Italy to the UAE and the possibility of organising joint economic events to explore investment opportunities and enhance communication mechanisms between business communities in the two countries, as well as to make the most of modern Italian technologies in boosting Sharjah’s ...

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