The United Arab Emirates Central Bank is issuing a commemorative silver coin to celebrate the selection of Sharjah as Islamic Culture Capital of the Arab Region for 2014 by the Islamic Organization for Education, Science and Culture (ISESCO). The silver coin, with a face value of AED 100 (US$ 27), features a portrait of His Highness Dr Sheikh Sultan Bin ...

A new leisure cruise ship terminal is to be built for Sharjah’s east coast Khorfakkan Port, in line with the emirate’s goals to continue to develop its cruise tourism business. Sharjah’s toursim sector is currently enjoying a successful 2014-2015 cruise season, expecting an estimated 36 international cruise ships bringing in more than 80,000 tourists. According to local media, the east ...

Technomak Energy International FZC, the pipe and steel structure manufacturing subsidiary of the Technomak engineering group, has announced a US$75 million (AED 275m) expansion to its facility in Sharjah’s Hamriyah Free Zone. The new facility will allow the company to double production capacity by 2017, creating more than 800 new jobs. Technomak Energy, which registered as a Hamriyah Free Zone ...