News

Sharjah’s status as an entrepreneurial haven has been reaffirmed after the 2024 Global Startup Ecosystem Report (GSER) revealed the emirate being 4th in the GCC, and 7th in the MENA region’s startup ecosystem rankings. The Startup Genome and Global Entrepreneurship Network standings, announced at London Tech Week, put Sharjah two spots higher than in 2023 due to the emirate’s growing ...

The Sharjah FDI Office (Invest in Sharjah) recently organised a business roundtable to convene industry leaders and prominent business owners from the People’s Republic of China. The event, attended by Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR), and HE Ahmed Obaid Al Qaseer, CEO of Sharjah Investment and Development Authority (Shurooq), focused on strengthening cooperation ...

A Sharjah delegation to the People’s Republic of China recently partook in high-level meetings with senior Chinese officials to explore cooperation opportunities and strengthen economic, cultural, and academic ties during their first stop in the capital of Beijing. Led by the Department of Government Relations (DGR) in collaboration with the UAE Embassy in China, the delegation comprising 18 departments and ...

ighteen prominent entities from Sharjah, led by the emirate’s Department of Government Relations (DGR), are set to travel to the People’s Republic of China from June 2 to 8 for a momentous official visit. The primary objectives of this delegation’s visit are to fortify bilateral relations and delve into potential collaboration opportunities across economic, cultural, tourism, healthcare, sport as well ...

The Sharjah FDI Office (Invest in Sharjah) has announced substantial progress in strengthening the emirate’s status as a leading industrial centre in the region. In 2023, Sharjah’s manufacturing sector attracted USD 18.9 million in foreign direct investment (FDI), which reflects the ongoing growth supported by economic diversification policies and the strategic allocation of local and foreign capital, enhancing the resilience ...

Sharjah SME Ruwad, affiliated with the Sharjah Department of Economic Development (SEDD), announced that 109 new projects have joined its membership during the first quarter of 2024, while it approved financing two pilot projects with a total value of AED550,000. The results of the quarterly report issued by the Ruwad showed that 125 projects were implemented during the first three ...

His Excellency Hamad Ali Abdalla Al Mahmoud, Chairman of Sharjah Economic Development Department “SEDD” received a delegation from Sharjah Investment and Development Authority “SHUROOQ” headed by His Excellency Ahmed Obaid Yousef Al Qaseer, CEO of SHUROOQ, Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah, and Saif Al Suwaidi, the Acting Manager of Sharjah Investor Services Center “SAEED”. This meeting ...

His Highness Sheikh Dr. Sultan bin Mohammad Al Qasimi, a member of the Supreme Council and the Ruler of Sharjah, has given the green light to the “Aquaculture Farm” project in Khorfakkan. The approval has been granted for the “Aquaculture Farm” project, the first of its kind in the United Arab Emirates. This pioneering endeavor, developed in partnership with the ...

Sharjah’s Department of Statistics and Community Development (DSCD) has announced substantial growth in the emirate’s gross domestic product (GDP) for 2023. The preliminary estimates show a 6.5% surge, reaching approximately AED 145.2 billion, compared to 136.4 billion in 2022, which marked a 4.9% growth from 2021. The newly-revealed figures are based on estimates from the comprehensive economic survey conducted from ...

Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq) has led the annual meeting of Eagle Hills Sharjah Development LLC board. This joint venture, between Shurooq and Abu Dhabi-based real estate developer Eagle Hills, remains committed to propelling Sharjah’s development forward with dynamic and diversified growth initiatives. The hour-long meeting held at the Sharjah ...