Tag Archives: feature

Global workplace provider Regus has opened a new serviced office centre at Expo Centre Sharjah, one of the region’s leading exhibition venues. The new business centre at Sharjah Expo is one of three Regus facilities in Sharjah, providing fully equipped serviced offices. Expo Centre Sharjah , now hosts fully equipped and ready-to-go workspaces, in a convenient location adjacent to the ...

Sharjah Investment and Development (Shurooq) has been named the Top Investment Promotion Agency in the Middle East in Site Selection Magazine’s 2015 Best to Invest Awards, in recognition of the authority’s global initiatives to attract foreign direct investment to the Emirate of Sharjah. The award comes at a time of regional and global recognition for both Sharjah’s economy and Shurooq’s ...

Sharjah Investment and Development Authority (Shurooq) has been named the Top Investment Promotion Agency in Middle East in the 2015 Best to Invest Awards by Site Selection magazine, in recognition of its outstanding efforts in attracting foreign direct investment and driving Sharjah’s growth. The Top Agency Awards recognise excellence at national and regional economic development offices globally in areas such as ...

Bank of Sharjah P.J.S.C. (BOS:ADX) has set guidance for its US$ 500 million (AED 1.84b) 5-year senior unsecured bond. Guidance for the bond was confirmed by lead arrangers on Monday at 180 basis points (bps) over midswaps (a benchmark for calculating bids), plus or minus 5 bps. The bank ran an roadshow with lead arrangers from 21 to 25 May ...

Sharjah City Municipality‘s new AED 200 million (US$ 54m) headquarters has opened in Al Musalla in the centre of Sharjah city. The four-storey building has been constructed on a 100,000 square metre plot using environmentally-friendly building systems for lighting, ventilation and sewerage. The new headquarters has 200 rooms including prayer rooms for men and women, a library, a theatre, activity ...

According to April 2015 figures just announced by Sharjah Airport Authority, 814,648 passengers were handled by Sharjah International Airport last month, a 7 percent increase on the 761,313 passengers handled during April 2014. Overall, airport passenger numbers have grown 6 percent during the first four months of the year, compared with 2014, with 3.2 million passengers passing through the airport. ...

Sheikha Bodour Bint Sultan Al Qasimi, chairperson of Sharjah Investment and Development Authority (Shurooq), is expected to champion youth empowerment at the upcoming World Economic Forum on the Middle East and North Africa (MENA) in Jordan this week. Sheikha Bodour will take part in the panel session “The youth imperative: what shifts are necessary to equip the region’s youth for ...

Bank of Sharjah P.J.S.C. (BOS:ADX) is firming up plans to issue a US$ 500 million (AED 1.84b) senior unsecured bond and has organised an investor roadshow with lead arrangers beginning on Thursday May 21st in London. The bank disclosed its board decision to issue a senior unsecured bond with a five-year term to shareholders in April. Bank of Sharjah has ...

Global credit rating agency Standard & Poor’s has affirmed the Emirate of Sharjah’s A/A-1 sovereign credit ratings long- and short-term, foreign and local currency, on the basis of Sharjah’s strong nominal GDP (gross domestic product) growth. The agency expects that Sharjah’s nominal GDP growth will remain strong, against the government’s relatively high interest burden. S&P also stated that Sharjah had ...

UK-based Bash-P International, the flagship lifting equipment manufacturing company of the Safety & Services Group, has opened a US$20 million (AED 73m) nylon ‘lifting webbing’ manufacturing unit in Sharjah Airport International Free Zone (SAIF Zone). The unit is the first dedicated lifting webbing factory in the Middle East and North Africa. The new factory will produce nylon/polyester webbing material ranging ...