Economy

The Sharjah Economic Development Department, SEDD, has announced that it has intensified health and safety control campaigns on business establishments within the emirate to ensure the general public’s safety. According to a statement issued by the department, all cinemas, amusement parks, amusement and electronic games centres, bodybuilding and fitness gyms are to close from 16th to 31st March 2020. The ...

The Mahani gas discovery is poised to boost Sharjah’s strategic position as a reliable supplier.gas Imran Mojib, Special Correspondent A number of officials, specialists and experts have stressed that the discovery of a new gas field in Sharjah will significantly enhance the Emirate’s economic resources and support the economic development and goals of the Emirate. Sharjah remains one of the ...

Staff Reporter, Gulf Today The recently released data by the Sharjah Chamber of Commerce & Industry (SCCI), showed that the number of the new memberships of the SCCI has remarkably increased in 2019, reaching 5626 members. While the total number of memberships movement in the main branch and other branches of the SCCI in Al Dhaid, Khor Fakkan, Dibba, and ...

Budget has a strong focus on infrastructure development. Sharjah has announced its budget for 2020 – the largest ever – with total expenses of Dh29.1 billion, a two per cent increase from its 2019 budget, with strong focus on infrastructure development. The budget will see an increase in expenses across several sectors including infrastructure, social programs, economic activities, culture and ...

From new tech to welding contest, 4-day show to be a key industry event Sharjah: Presenting the region’s largest showcase of machinery, equipment, tools and accessories for the metal working and forming industry, the 16th SteelFab 2020 has got under way at Expo Centre Sharjah on Monday (Jan 13). Serving as a one-stop sourcing and reference point for the entire spectrum of ...

SHARJAH, 15th January, 2020 (WAM) — The Sharjah Chamber of Commerce and Industry, SCCI, has recently organised a consultative meeting with representatives, heads, and executives of the contracting companies operating in the Emirate of Sharjah, with a view to reviewing the developments in the contracting sector and ways of developing it. Headed by Abdullah Sultan Al Owais, SCCI’s Chairman, the ...

His Highness Dr Sheikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, launched several projects during the first quarter of this year 2019, including 3 development projects in Sharjah, at a total cost of Dhs2.7 billion. Those projects are being implemented through a strategic partnership between the Sharjah Investment and Development Authority ( Shurooq) and Eagle ...

The project was opened at a ceremony by the ruler of Sharjah The Khorfakkan Beach project, a US$ 25.9m (AED 95m) tourism project that aims to strengthen Sharjah’s tourism sector has opened in the emirate. The project features a one kilometre area on the southside of the beach, dedicated to water sports, shopping spaces and F&B venues. Khorakkhan Beach project also brings a ...

The partnership will see both partners working towards a more energy-efficient future for Sharjah, and delivering the first district cooling solutions for the Emirate Bee’ah, the Middle East’s leading sustainability pioneer, and National Central Cooling Company (Tabreed), the leading  international district cooling developer based in the UAE, have signed a partnership agreement to jointly explore the development of large-scale district ...

The number of renewals increased from 13,514 in 2018 to 14,425 in the first quarter of 2019 The Sharjah Economic Development Department (SEDD) on Saturday announced that it issued 1,464 licences in first quarter of 2019 compared to 1,240 in the same quarter last year, reflecting an increase of 18 per cent. In a statement, the department said the number ...