Al Saja’a Industrial Oasis, one of the largest industrial projects in the region, could create more than 20,000 jobs according to developer Sharjah Asset Management. The development of the new 14 million square foot industrial estate near Sharjah International Airport was announced in October. Sharjah Asset Management expects that the total population of Al Saja’a Industrial Oasis will reach approximately ...

Starwood Hotels & Resorts Worldwide, Inc. has formally announced the opening of the Sheraton Sharjah Beach Resort & Spa, marking its entry in the Emirate of Sharjah and bolstering Sharjah’s proposition for luxury tourism. The Sheraton Sharjah Beach Resort & Spa features 349 spacious guest rooms and suites, and provides panoramic views of the Arabian Gulf and the city of ...

Global credit rating agency Standard & Poor’s has once again affirmed the Emirate of Sharjah’s A/A-1 sovereign credit ratings long- and short-term, foreign and local currency. These ratings were made on the basis of Sharjah’s strong nominal GDP (gross domestic product) growth, despite reports of a slow-down in the UAE’s non-oil business growth. S&P began assigning sovereign credit ratings for ...