Recent Posts

Eid holiday expected to boost Sharjah tourist numbers

Sharjah’s tourism sector expects a boost from visitors during the Muslim holy month of Ramadan and the following Eid Al Fitr holidays, which begin next week. The UAE is a popular destination for Eid vacations within the region, where some Middle Eastern countries will celebrate the end of Ramadan with holidays up to 9 days long. Whilst figures are awaited ...

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Surge in profits underscores strength & stability of Sharjah’s banking sector

Two of Sharjah’s leading banks, Sharjah Islamic Bank (SIB) and United Arab Bank (UAB), have announced increased profits for the first half of 2014 this week underscoring the strength of the emirate’s banking sector. Sharjah-headquartered UAB announced a 26% increase in net profit in the first half of 2014 compared to the same period last year, reaching AED 328 million ...

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Sharjah’s strong tourism growth underpins new hotel investment

UAE-based Hospitality Management Holdings (HMH) is the latest hotel management group to announce a major investment in Sharjah, unveiling a US$4 million (AED 15m) project to refurbish Sharjah’s popular Coral Beach Resort. A number of hotel projects have already been announced this year, including new properties from Accor, Hues and Starwoods, plus several planned hotels as part of tourism development projects ...

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