Sharjah Investment and Development Authority (Shurooq), one of the most ambitious environmental tourism developers in the Middle East, will be announcing exclusive updates regarding its business management and project expansion during World Travel Market London 2017 being held from 6-8 November at ExCeL London. Shurooq will be exhibiting in the Sharjah tourism pavilion (stand ME400). Shurooq, which has helped to ...

In another ambitious move to increase Sharjah’s depth and reach of foreign investment, some of the emirate’s most influential economic drivers met with trade delegates, officials and businesspeople from Hong Kong recently, to present the unique opportunities and incentives which make Sharjah one of the most attractive investment destinations in the region. Sharjah’s FDI Office ‘Invest in Sharjah’, the investment ...

Sharjah’s dynamic role as an economic visionary over the past decades has elevated its status to an international investment destination to rival many others across the region. The emirate has embraced an integrated diversification strategy, highlighting both its sophistication as an economy and its ambition as a market leader. In keeping with achieving those goals, Sharjah Investment and Development Authority ...

Sharjah FDI Forum 2017, the annual foreign direct investment (FDI) event held under the patronage of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council Ruler of Sharjah, will host a series of panel discussions conducted by regional and international investment experts. Taking place on September 19th -20th , the third Sharjah FDI Forum will ...

Sharjah Chamber of Commerce and Industry (SCCI) has recorded an overall 4.8 percent growth in its memberships, totalling 67,796 members at the end of June 2017. According to the Chamber, the total number of company membership registrations reached 33,215 during the first half of 2017, an increase of 1 percent on the first six months of 2016. Of those, 3,108 ...

Global credit rating agency Standard & Poor’s has affirmed the Emirate of Sharjah’s BBB+/A-2 sovereign credit ratings long- and short-term, foreign and local currency, with a stable outlook. The agency also projected a gradual increase in economic growth from 2017 to 2020, supported by growth in the emirate’s construction, tourism and manufacturing sectors. S&P began assigning sovereign credit ratings for ...

Sharjah Economic Development Department (SEDD) has issued 33,149 business licenses during the first half of 2017, consistent with the number of licenses issued during the equivalent periods over the past three years. The department issued 33,192 licenses in H1 2015 and 31,889 licenses during the same period of 2014*. The SEDD statistics exclude those business licenses issued by the emirate’s ...

Demand for houses in Sharjah has outperformed expectations with villa rental prices increasing by 11.7 percent during the first six months of 2017, according to global property consultancy Cluttons. The company’s Sharjah Property Market Snapshot for Summer 2017 report shows that average villa rents in Sharjah now stand at about AED 112,000 (c. US$ 30,500) per annum and can be ...

The need to create fruitful partnerships between the government sector and private institutions to drive the Sharjah’s economy forward was the subject of the third Sharjah Economic Ramadan Majlis, which took place on Sunday at Sharjah’s Al Jawaher Reception and Convention Centre. Hosted by Sharjah Investment and Development Authority (Shurooq), in association with Sharjah Chamber of Commerce and Industry (SCCI) ...

As part of its ever-increasing drive to attract more foreign business into the UAE, the Sharjah FDI Office ‘Invest in Sharjah’, the investment promotional arm of Sharjah Investment and Development Authority (Shurooq), has reinforced the emirate’s investment advantages at major global events in China’s two fastest growing cities. Participating at the 2017 World Forum for Foreign Direct Investment on 23-24 ...