News

Mashreq Bank will help SMEs and new entrepreneurs to open business account SHARJAH – Sharjah Media City, known as Shams, and Mashreq Bank, one of the leading financial institutions in the UAE, have announced a strategic partnership to boost entrepreneurship and support business owners in Sharjah. The two entities signed a Memorandum of Understanding, MoU, that will solidify this collaboration and enable ...

A sale could happen as soon as this week and proceeds will be used for general budgetary needs, sources said The emirate of Sharjah hired banks to raise as much as $1bn from international debt markets, joining wealthier Gulf states to shore up its finances against the fallout of the coronavirus pandemic. The third-biggest sheikhdom in the United Arab Emirates ...

Chief Executive Officer of the SRTI Park, HE Hussain Al Mahmoudi The financing of the projects will be identified in the pilot phase of SRTI Park’s recently-launched Accelerator Program The Sharjah Research, Technology and Innovation Park (SRTI Park) and Sharjah-based waste management company Bee’ah have signed a strategic partnership to attract, support and finance the next generation of local and international startups in the ...

Partnership between ADEX and Sharjah Chamber of Commerce and Industry designed to boost exports in the region Abu Dhabi Exports Office (ADEX) and the Sharjah Chamber of Commerce and Industry (SCCI) are partnering together on a strategic initiative to help boost exports from one of the leading manufacturing hubs in the region that provides a significant contribution to the UAE’s ...

The Sharjah Chamber of Commerce & Industry (SCCI), stated that it has issued 4527 electronic Certificates of Origin in March and April, while the total number of memberships until the end of April reached 1215, including 46 new memberships and 1169 renewed memberships. The number of new members from the free zones reached 115 during the same period. This comes ...

The Sharjah Commerce and Tourism Development Authority, SCTDA, revealed that the emirate recorded a three percent growth in the number of hotel guests in 2019 as compared to 2018. The sector welcomed approximately 1.8 million guests last year with a hotel occupancy rate of 66 percent. Guests from the Russian Federation topped the list, followed by GCC countries such as ...

SHARJAH, 6th April, 2020 (WAM) — In the wake of the COVID-19 pandemic and as part of the UAE government’s preventative measures to curb its spread, the Sharjah Business Women Council, SBWC, an affiliate of the NAMA Women Advancement Establishment, has unveiled a new initiative to move its popular #SBWCTours campaign onto a virtual platform to stay connected with businesswomen ...

SHARJAH, 31st March, 2020 (WAM) — Aligned with vision of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, Sharjah Media City, Shams recently rolled out several measures to support the economy and help Small and medium-sized enterprises, SMEs, overcome their challenges during this time. As entrepreneurs face a financial crunch due to global ...

Sharjah: The Sharjah Executive Council announced on Tuesday a stimulus package to support the emirate’s economy and issued resolutions including the suspension of eviction judgments and imprisonment rulings on all rental-related cases. The council also approved the release of 100 prisoners and inmates imprisoned for rental-related cases. Other measures include a 50 per cent discount on traffic violations and cancellation ...

SHARJAH, 4th April, 2020 (WAM) — The Board of Trustees of the Sharjah Excellence Award has announced that the registration for the seven categories of the award is now open and will last until the end of October 2020. The award is held under the patronage of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and ...