News

Sharjah Economic Development Department report says non-oil sectors account for 91.9% of the emirate’s total GDP Sharjah’s 2018 non-oil GDP hit AED89 billion ($24.2 billion), according a report issued by Sharjah Economic Development Department (SEDD), with all non-oil sectors accounting for 91.9 percent of the emirate’s total GDP. The report, cited by state news agency WAM, said that the transport, ...

The Sharjah FDI Office (Invest in Sharjah) has announced the dates of the fifth edition of its annual flagship event, the Sharjah FDI Forum, which will take place on November 11-12, 2019. Held under the patronage of His Highness Dr Shaikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, the event will be hosted ...

Even as Sharjah’s popularity continues to grow among international real estate buyers and investors, experts say that they remain committed to catering to the needs of interested parties closer to home. “The beauty of Sharjah is that it has its own very loyal set of residents,” said Shadi Al Azzeh, project head of Al Zahia Communities at Majid Al Futtaim ...

Sharjah Entrepreneurship Centre (Sheraa) has raised over $37 million in investment and generated more than $24 million in cumulative revenue since its inception in 2016, while its 72 graduate start-ups have created a total of 506 jobs in the UAE, according to its Impact Report. The launch pad for entrepreneurs in the UAE has also awarded $533,000 in grants through ...

The Sharjah Research Technology and Innovation Park, SRTI Park, launched the Sharjah Innovation Economy Report at a special ceremony today. The event, held under the patronage of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, took place at Al Jawaher Reception and Convention Centre. A host of dignitaries and officials from both private ...

The Sharjah Airport International Free Zone (SAIF ZONE) has recently held an expanded business meeting with a high-ranking Chinese delegation, comprising officials and businessmen from the Chinese Business Union and Society, Liaoning Business Council, Shanghai Business Union and Society and other Chinese bodies and institutions interested in taking Sharjah as a center of their operations in the region. The 60-member ...

Sharjah Economic Development Department “SEDD” received a delegation from the General Directorate of Residency and Foreign Affairs in order to strengthen cooperation and enhance coordination between the two parties for the benefit of investors. The delegation was received by Fahad Al Khamiri, Director of Registration and Licensing Department, Hamad Al Midfa, Deputy Director of Legal Affairs Department, and Mudathir Abdullah, ...

The Sharjah Chamber of Commerce and Industry (SCCI) has launched a new initiative on fostering dialogue and partnership among the private sector’s representatives in certain sectors in the Emirate of Sharjah. The initiative was inaugurated last week through a meeting comprised the working companies in the food processing and trade sector. The meeting was attended by more than 30 companies ...

Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, has announced the sales launch of Indigo Beach Residence, the latest residential building located along the main boulevard of Maryam Island in Sharjah. Indigo Beach Residence represents the fourth residential building launched in Maryam Island, a premium beachfront development located in downtown Sharjah overlooking ...

The Sharjah Investment and Development Authority (Shurooq) has appointed Shaza Hotels to manage three luxurious retreats, which are Kingfisher Lodge in Kalba, Al Badayer Oasis in Al Badayer and Al Faya Lodge in Mleiha. The high-end destinations, which fall under the ‘Sharjah Collection’ brand by Shurooq, will be operated and fall under the management of the Mysk by Shaza brand, ...