The Jordan-based media body, United Arab Media Council (UAMC), has named the city of Sharjah as the Capital of the Arab Press for Year 2016. The accolade follows Sharjah’s year as Capital of Arab Tourism in 2015, as voted by the Arab Council of Tourism Ministers, and a year as the Islamic Culture Capital of the Arab Region in 2014, ...

The Government of Sharjah has set its annual budget at AED 20.3 billion (US$ 5.5 billion) increasing government spending by 2 percent, according to an official announcement made this week. In common with 2015, 46 percent of the budget has been allocated to economic development to support the sustainable growth of Sharjah’s economy. Meanwhile, the government expects an 8 percent ...

Sharjah-based energy company Dana Gas PJSC (DANA:ADX) started production from Sharjah’s Zora gas field in January, according to an investor presentation from the company. The Zora gas field forms part of the Sharjah Western Offshore Concession and is located in waters off Sharjah and Ajman. The field, which was originally discovered in 1979, has an initial production capacity of about ...