Moody’s Investors Services has published its first report on Sharjah, awarding the emirate with a A3 stable rating. The rating, which reflects the emirate’s credit strength, is primarily supported by its very strong fiscal and government debt position, noting that government debt is at low levels. A few months ago, global credit rating agency S&P announced its first ever sovereign ...

The Sharjah Investment and Development Authority (Shurooq) took its investment promotion roadshow to the Kingdom of Saudi Arabia and Kuwait this month, in line with it’s goal to strengthen economic relations between Sharjah and neighbouring GCC countries. “We seek, through our roadshow, to highlight the investment potential in Sharjah and to familiarise business groups and economic authorities with the available investment ...

Strong growth in the UAE economy and rising rents in neighbouring Dubai have boosted demand for residential and commercial property in Sharjah, according to a report by international real estate consultancy Cluttons. The report stated that average residential rental costs climbed by 4.5 per cent during the first quarter, leaving them 19 per cent higher than this time last year, ...