News

Under the patronage of Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah, and presence of H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, the Sharjah Ramadan Majlis 2024 brought together business leaders, senior government officials, entrepreneurs, and changemakers, to the Sharjah Research Technology and Innovation Park (SRTIP) to collaboratively address how investments across a ...

In a major development, an Abu Dhabi headquartered industrial deep tech company Maxbyte Technologies has teamed up with Sharjah Research Technology and Innovation Park (SRTI Park) to set up a state of the art Industry X.0 Centre of Excellence that aims to be the leading Industry X.0 enabler for economic development of the region. Industry X.0 has emerged as the ...

Sharjah Economic Development Department (SEDD) released the data results for the past year 2023. The report included the most important developments and events witnessed by the economic sectors and the procedures and efforts taken by the Department in all sectors and activities. This is done to provide a comprehensive tool for customers in the economic sectors in Sharjah and introduce ...

Sharjah Investment and Development Authority (Shurooq), marking its 15th participation, has presented its pioneering approach to hospitality and commitment to sustainable tourism to over 90,000 global attendees of the ITB Berlin, which was held from March 5-7. Building on its legacy of developing cultural and eco-friendly tourism, Shurooq spotlighted its diverse portfolio of hospitality and projects, reinforcing its position as ...

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah witnessed, in the presence of Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Board of Directors of Etihad Rail, the announcement ceremony of the connection of the main track of the UAE’s National Railways Network to the future passenger station in ...

The Sharjah FDI Office (Invest in Sharjah) has signed an MoU partnering with global research firm ‘The Business Year’ to create the “The Business Year: Sharjah 2024/2025” report. This annual publication will detail the emirate’s economic climate and investment opportunities, serving as a valuable resource for both local and international investors and entrepreneurs. The MoU was signed at the Sharjah ...

The emirate of Sharjah witnessed a significant increase in European guests visiting the emirate in 2023, welcoming more than 400,000 visitors from the European market. This marks a notable 28 percent increase compared to the previous year, with Europeans constituting 27 percent of the total visitor count. Sharjah Commerce and Tourism Development Authority (SCTDA) made the announcement during its press ...

Bank of Sharjah has acted as a Joint Lead Manager and Bookrunner in the successful issuance of a US$750 million 12-year U.S. dollar-denominated 144A/Reg S senior unsecured sustainable Bond for the Government of Sharjah, alongside other international and regional banks. The Bond attracted significant investor interest, evidenced by an order book that exceeded US$ 4 billion, showcasing the robust demand ...

The UAE continues to hold its position at 10th place in the Brand Finance Soft Power Index 2024 for the second consecutive year, standing as the only Gulf nation among the world’s top 10 soft powers. The announcement came during the annual Global Soft Power Summit, which was held in the British capital, London, in the presence of a group ...

According to a monthly report on the “Real Estate and Mortgages movement” issued by Sharjah Real Estate Registration Department, it was revealed that the real estate sector in Sharjah has recorded a significant growth during January 2024, as the volume of real estate transactions in the emirate reached AED 3.9 billion. This rate constitutes a huge increase compared to January ...