The 2015 World Forum for Foreign Direct Investment took place in Sharjah, United Arab Emirates from 8-10 February, drawing policy makers, corporate investors, FDI experts and government officials from all over the world. Hosted by the Sharjah Investment and Development Authority (Shurooq) and organised by Conway Events, the Sharjah 2015 edition of the forum marked the first time that the ...

Sharjah-headquartered Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has announced a net profit of AED 566 million (US$ 154m) for 2014, up 30 percent on its net profit for 2013. The airline’s turnover for 2014 increased by 17 percent to AED 3.7 billion (US$ 1b), driven by growth in passenger numbers. Air ...

The UAE’s first full-service freehold residential plots have been announced in Sharjah by Shoumous Properties, a joint venture between Albatha Real Estate and Moafaq Al Gaddah (MAG) Group. Unlike the many other freehold residential developments in the United Arab Emirates, the Shoumous Residential Complex will allow investors to build and sell their own homes according to Sharjah’s real estate regulations. ...