Kuwait Real Estate Company, along with its subsidiary IFA Hotels & Resorts, has announced a new partnership with Al Darwish Engineering, a well-known construction company in the UAE. They have signed a contract to work on the Altay Hills residential project located in Sharjah. The total value of this contract is AED 198 million. The contract was signed through Nakheel ...

In a significant step that underscores the UAE’s prominence on the global investment map, the Sharjah FDI Office (Invest in Sharjah), in collaboration with the World Association of Investment Promotion Agencies (WAIPA) and the UAE Ministry of Investment, has announced the 29th edition of the World Investment Conference (WIC). Marking its debut in Sharjah, the event will be conducted under ...

RUWAD, affiliated with Sharjah Economic Development Department (SEDD), announced a 54.3% increase in the number of small and medium national projects joining its membership in 2024, with 449 new projects across various sectors in multiple cities. Integrated benefits and facilities Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department ,stated that the growth in membership reflects diverse ...

The Sharjah FDI Office (Invest in Sharjah) has launched ‘Sharjah AcquireHub’, the region’s first government-backed digital platform that specifically streamlines mergers and acquisitions (M&A) within Sharjah. Developed in a strategic partnership with Transworld Business Advisors, a global authority in business advisory services, the platform aims to accelerate economic growth, enhance market resilience, and attract high-calibre investment to Sharjah through a ...

As part of the current edition of the “Make it in the Emirates”, held at the Abu Dhabi National Exhibition Centre (ADNEC), Sharjah FDI Office (Invest in Sharjah) and the Sharjah Research, Technology and Innovation Park (SRTI Park) are jointly participating with a joint pavilion with the goal of highlighting Sharjah’s growing role in industrial innovation and advanced manufacturing. This ...

In a new achievement that further strengthens Sharjah’s position as a leading and sustainable tourism destination that blends culture, heritage, and luxury, three premium hospitality destinations developed by the Sharjah Investment and Development Authority (Shurooq) have been ranked among the top 10% of hotels worldwide for 2025. These include The Chedi Al Bait, Sharjah, Al Badayer Retreat, and Kingfisher Retreat. ...

Air Arabia posted a net profit of AED 355 million in the first quarter of 2025, marking a 34% increase compared to AED 266 million in Q1 2024. The strong performance reflects the airline’s ongoing network expansion and growing presence in regional and international markets. Revenue and passenger growth The airline’s revenues reached AED 1.75 billion, up 14% from the ...

The Sharjah Investment and Development Authority (Shurooq) has announced AED 7.2 billion in investments across 52 groundbreaking projects and experiences, transforming over 60 million square feet throughout the emirate. This announcement comes as Shurooq marks 15 years since its inception, highlighting a journey defined by sustainable growth, community impact, and cultural preservation. Rather than simply expanding its footprint, Shurooq has ...

Sharjah’s real estate sector had a strong performance during April 2025, recording 7,206 transactions with a trading value of AED 4 billion across various areas of the emirate. The total traded area of sales transactions reached approximately 10.3 million square feet, which reflects the continued momentum and growth in Sharjah’s real estate market. Dynamic transformation reflecting the market’s growth the ...

Bank of Sharjah has announced a strong start to 2025, posting a net profit of AED 116 million for the first quarter ended March 31, 2025, marking a 45% increase compared to AED 80 million in Q1 2024. The solid performance follows the Bank’s remarkable turnaround in 2024 and reflects continued momentum driven by sound strategy, disciplined risk management, and ...