News

‘ Invest in Sharjah’, the Sharjah FDI office, is targeting events in two of China’s fastest developing cities in a bid to increase the UAE’s business opportunities with the Far East. The organisation will be exhibiting at the 2017 World Forum for Foreign Direct Investment, which takes place in Shanghai from May 23-24, and then at the China Offshore Summit, which ...

Nasma Residences Phase 1 has sold out less than a month after launch, confirming investor-demand for mid-market residential properties in Sharjah. Advertised by the developer, ARADA, as offering ‘aspirational yet accessible living in an urban setting’, the new master-planned residential community was announced in mid-March with residential units starting at AED 995,000 (US$ 271,000). Nasma Residences is scheduled for completion ...

Sharjah Business Summit 2017, organised by Gulftainer, the world’s largest privately owned independent port operator, will put the spotlight on innovation in the transport and logistics sector and Sharjah’s state-of-the-art infrastructure. Co-hosted by its logistics subsidiary, Momentum Logistics, the event is supported by Sharjah Investment and Development Authority (Shurooq), Sharjah Chamber of Commerce and Industry (SCCI), Sharjah Municipality, Sharjah Ports ...

The Government of Sharjah plans to invest half a billion dollars (AED 1.8 billion) in the American University of Sharjah (AUS) over the next five years to fund the university’s goal of becoming the top research university in the Arab world. According to an interview by the Gulf Today with Hussein Al Mahmoudi, Chief Executive Officer of AUS Enterprises, investments ...

Business leaders, industrialists and economists attending the second day of the Euromoney Emirates 2017 Conference have been told the Emirate of Sharjah is becoming one of the most progressive markets in the region, marking a major milestone in its economic history. Adil Al Zarooni, Chief Executive Officer, Al Zarooni Emirates Investments, said; “These are amazing times for Sharjah. There is ...

Images from the Euromoney Emirates 2017 Conference organised by Euromoney Conferences and ‘Invest in Sharjah’, the Sharjah FDI office. Photo gallery (click to view larger size)

The Euromoney Emirates 2017 Conference has told business leaders and financiers from around the region that they need to prepare themselves for a financial revolution as global commerce and consumer spending heads toward cashless societies and the world turns to innovative economies. In a series of bold predictions and stark warnings, eminent speakers at the two-day conference told delegates that ...

The UAE’s upcoming Euromoney Emirates 2017, organised and co-hosted by the Sharjah FDI Office ‘Invest in Sharjah’, has named its key speakers and attendees, which include 35 of the leading finance and investment experts from across the region and beyond, with more than 350 confirmed CEOs and high-level executives participating at the conference from across the world. The two-day Euromoney ...

Sharjah International Airport handled 2.741 million passengers during the first quarter of 2017, registering 2 percent growth compared to the first three months of last year. The airport has experienced continuous growth during the past five years, handling 11 million passengers during 2016. Sharjah handled 969,633 passengers in January, 827,369 February and 944,038 in March 2017, peaking at 4 percent ...

Sharjah Investment and Development Authority (Shurooq) has released details of the key themes of Euromoney Emirates 2017 to be held on May 8-9 at the Sheraton Sharjah Hotel, under the theme ‘Finance and Investment for an Innovative Economy’. Held under the patronage of Sheikh Sultan bin Mohamad bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, the two-day ...