Sharjah residential property rents increased 23 per cent during the first nine months of 2014, according to Cluttons. The real estate consultancy credited ongoing reverse migration from neighbouring Dubai and the rapid expansion of Air Arabia as key factors driving the increase, combined with a limited supply of residential property. Apartment rental prices in the emirate surged 35 per cent ...

Ahmed Obaid Al Qaseer, COO of Sharjah Investment and Development Authority (Shurooq) was interviewed by World Finance recently about the emirate’s investment proposition (watch the video). Shurooq was recently named FDI Agency of the Year in the MENA region by The European Magazine’s Global Banking and Finance Awards and will host the 2015 World Forum for Foreign Direct Investment, from 8-10 February.

Sharjah expects 17 major international cruise liners to visit the emirate over the next two years, according to Sharjah Commerce and Tourism Development Authority (SCTDA). Thanks to its strategic Indian Ocean location, Sharjah’s Khorfakkan Port has been welcoming luxury cruise-liners since the early 1980s and is becoming increasingly popular on the itineraries of international operators. More than 71 calls from luxury ...