News

The Emirate of Sharjah oil and gas industry leader, Sharjah National Oil Corporation (SNOC), and Emerge Limited, a joint venture between Masdar and the EDF Group, celebrated a significant milestone today with the groundbreaking ceremony for the largest solar installation in Sharjah to date. The 60MWp ground-mounted solar PV plant, located at SNOC’s Sajaa Gas Complex, will generate enough clean ...

Steering investments towards a wise economy in a rapidly changing world is a strategic decision for foreign investors seeking stable and sustainable growth. Sharjah’s economy, playing a pivotal role in the UAE’s economic landscape, is one of the region’s most diversified and sustainable economies. The emirate’s gross domestic product (GDP) saw a 6.5 percent surge, reaching approximately AED 145.2 billion, ...

Sharjah Taxi has announced that 83% of its fleet consists of hybrid and eco-friendly vehicles that run on both fuel and electricity. This is part of Sharjah Taxi’s ambitious and strategic plan to reach 100% by 2027, in line with the country’s objectives to adopt sustainable transportation solutions and develop an integrated network of smart and eco-friendly transport systems that ...

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an Emiri Decree to establish and organize the Sharjah Communication Technologies “Free Zone.” The decree stated that a free zone dedicated to communication technologies would be established in the Emirate of Sharjah, in the city of Kalba, named the “Sharjah Communication Technologies ...

The Sharjah Investment Forum (SIF) will hold its seventh edition on 18-19 September under the theme “A Futuristic Vision for Smart Economies.” Organised by the Sharjah FDI Office (Invest in Sharjah), the forum will explore the role of investments and capital in directing AI systems to support global growth and enhance efficiency, flexibility, and inclusiveness across various sectors. The event ...

The UAE took the second place after the United States in greenfield FDI project announcements in 2023 at 1,323, an increase of 33 percent compared with 2022, according to the World Investment Report 2024, published today by the UN Trade and Development (UNCTAD). In terms of FDI inflows in 2023, the UAE attracted US$ 30.688 billion compared to US$ 22.737 ...

In line with growth and expansion plans, Sharjah Airport and Air Arabia announced the launch of the first direct flights from Sharjah to Republic of Poland, enhancing travel options for customers. The new route will initially operate with 3 weekly flights between Sharjah and Kraków, gradually increasing the number of flights in the future. His Excellency Ali Salim Al Midfa, ...

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree on the establishment and regulation of the Sharjah Communication Technologies Authority (SCTA). According to the decree, an authority called the “Sharjah Communication Technologies Authority” will be established in the Emirate. It will have the legal personality and necessary capacity to ...

 His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah issued a decree outlining regulations for the Al Dhaid University. The decree specifies that the university shall be an Arabic academic scientific institution, non-profit, with a legal identity and the necessary legal capacity to accomplish its goals and exercise its functions. The government will ...

The Sharjah Investment and Development Authority (Shurooq) has announced the soft opening of the first phase of the “Najd Al Meqsar” project. Managed by the Sharjah Collection, this project stands as a premier luxury hospitality and heritage tourism destination in Khorfakkan, located in the eastern region of the Emirate of Sharjah. Phase 1 of the project boasts features that promise ...