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US$51m emulsions plant opened

India’s largest manufacturer of polymer emulsions for paints and coatings, textiles and adhesives has officially opened a new US$ 51 million (AED 187m) emulsions plant in Sharjah’s Hamriyah Free Zone Authority (HFZA) commencing operations in April. Visen Industries Ltd. (VIL) is the market leader in India with regular customers like Asian Paints, Berger Paints, Kansai Nerolac and Jotun Paints. The ...

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Sharjah hotels register 2 million guests in 2014

Sharjah’s hotels registered more than two million guests during 2014, according to the latest statistics from Sharjah Commerce and Tourism Development Authority (SCTDA). Sharjah’s tourism received a boost during the past year as the Islamic Cultural Capital for 2014 and its new status as the Arab Tourism Capital for 2015 is expected to bring even more focus to emirate. Sharjah ...

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FT report recognises UAE FDI locations

Abu Dhabi, Dubai, Ras Al Khaimah and Sharjah were listed among the world’s top cities in ‘Economic Potential’ by the 2014/2015 Global Cities of the Future report produced by fDI intelligence, a division of the Financial Times (FT) specialising in foreign direct investment. Abu Dhabi and Dubai were listed in the report’s overall Top 25 cities list, while Sharjah and ...

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