News

His Highness Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member, Ruler of Sharjah, today announced that Sharjah Investment and Development Authority (Shurooq) is set to develop the Al Hisn Island, a leisure and tourist attraction located in Dibba Al Hisn. Overlooking the Indian Ocean, the project is located on a reclaimed island that was built as a residential ...

The UAE’s Council of Small and Medium-Sized Enterprises and Projects is in the final stages of formation and will soon begin implementing programmes to grow and develop the small and medium-sized enterprise (SME) sector. SMEs have been identified as critical for the economic and social development of emerging markets, playing a major role in creating jobs, developing economic growth, and ...

Sharjah has been recognised by the World Health Organisation (WHO) as the Middle East’s first Healthy City, as a result of the city meeting a wide range of criteria set by the WHO Healthy Cities programme. The programme engages local governments in health development in an effort to prioritise health on the social, economic and political agenda. The WHO Healthy ...

Sharjah Commerce and Tourism Development Authority (SCTDA) has announced a new initiative to promote Sharjah’s tourist attractions and services via hotels and hotel apartments in the emirate. The SCTDA is installing interactive touch-screen information terminals in all five- and four-star hotels as well as luxury hotel apartments in an effort to engage visiting tourists. The new initiative falls under the ...

ATS, a UAE-based logistics company catering to the global shipping, logistics and marine industries, has doubled the capacity of its liquid storage terminal at Sharjah’s Hamriyah Free Zone as part of an estimated AED 100 million (US$ 27m) investment in the facility. The state-of-art liquid storage terminal has increased capacity from its initial 22,000 cubic meters to 42,000 cubic meters ...

The American University of Sharjah (AUS) has been ranked 7th in the 2015 QS University Rankings for Arab Region, compiled by Quacquarelli Symonds (QS), a British company specialising in education and study abroad. The University of Sharjah was also featured in the report, ranking 21st out of the 100 academic institutions assessed. The methodology for the rankings is adapted from ...

The new Sharjah Centre for Astronomy and Space Sciences will open to the public on 2 July 2015, providing a new education resource and adding a new cultural attraction for the growing numbers of tourists visiting the emirate. A new high-tech 200-seat planetarium is expected to be the centre’s star attraction. Sharjah has invested heavily in developing itself as a ...

Sharjah Investment and Development Authority (Shurooq) championed Sharjah as an investment destination at The Korea Overseas Investment Fair & Conference (KOIF) 2015, held recently in Korea’s Gyeonggi Province. Shurooq, which received its own booth at the Conference, was represented by Elie Armaly, Director of Business Development. Mr. Armaly gave a presentation during the investment seminar examining four key sectors in ...

Sharjah-headquartered Air Arabia (AIRARABI:DFM) has been named the Best Low-cost Airline in the Middle East at the annual Skytrax World Airline Awards. It is the second time in three years that the carrier has won the coveted award, following its previous Skytrax award in 2013. Air Arabia is the largest low-cost carrier operator in the Middle East and North Africa ...

The Government of Sharjah was honoured at the 2015 London Sukuk Summit earlier this month where it was awarded the ‘Award of Excellence for Most Innovative Sukuk Issuance by a Sovereign Debt Issuer’. The award was given in recognition of Sharjah’s debut 10-year US dollar sukuk, which was issued at a size of US$750 million (AED 275b) in September 2014. ...