Tag Archives: feature

Sharjah has taken its flagship Sheraa Accelerator programme to the international stage by inviting entrepreneurs from within the UAE, and across the globe, to apply for its second cycle. The invitation goes out to innovative, early-stage ventures that wish to use Sharjah as a launchpad to grow and scale their impact. The second Sheraa Accelerator cycle follows a successful inaugural ...

Under the patronage of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council Ruler of Sharjah, the third edition of the Sharjah FDI Forum is scheduled to take place on September 19-20. Organised by Sharjah Investment and Development Authority (Shurooq) and Sharjah FDI Office (Invest in Sharjah), the foreign investment promotion arm at the Authority, ...

Last month Sharjah Electricity and Water Authority (SEWA) awarded its first Build-Operate-Transfer (BOT) contract for the development of a seawater reverse osmosis (SWRO) desalination plant in Sharjah’s east coast region of Kalba. The deal follows much research and debate regarding the future role of public-private partnerships (PPPs) in the emirate and SEWA hopes that the project will pave the way ...

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 ...

His Highness Sheikh Dr. Sultan bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah yesterday issued Emiri Decree no. 58 of 2017, establishing Shurooq Holding Company SOAG, a public joint stock company formed in the Emirate of Sharjah and wholly owned by Sharjah Investment & Development Authority (Shurooq). The new holding company is expected to play ...

Sharjah Investment and Development Authority (Shurooq) is continuing its commitment to world-class hospitality in some of the region’s most striking areas of outstanding natural beauty with the launch of the Mleiha Fossil Rock Lodge. The project is 60 percent complete and will officially welcome its first guests by the end of this year. This modern luxury facility adjacent to its ...

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 ...

Residents and tourists in the UAE are set to enjoy the ultimate desert experience with an AED 15 million (US$ 4.1m) extension to the Al Badayer Oasis project. A premium leisure development form Sharjah Investment and development Authority (Shurooq), Al Badayer Oasis has announced an expansion to its under-construction facility, with the resort expected to pull in hordes of city-dwellers ...

Gama Support Services, a division of global business aviation services company Gama Aviation, has signed commercial agreements with Sharjah Airport Authority for the development and operation of a new private aviation terminal at Sharjah International Airport. Gama Support Services will build and operate a new AED 110 million (US$ 30m) purpose-built, integrated business aviation complex and provide ground handling services ...

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 ...