Arada has officially launched Nest Hotel, the master developer’s first homegrown hospitality brand, which promises a vibrant and affordable experience with a blend of comfort, community and convenience. A midscale brand, Nest Hotel was launched during Arabian Travel Market (ATM) 2025, the leading travel and tourism exhibition taking place at the Dubai World Trade Centre from 28 April-1 May. The ...
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Sharjah SME Ruwad Funds 13 Entrepreneurial Projects in 2024
Statistics from financing programmes results provided by Sharjah Entrepreneurship Foundation “Ruwad”, affiliated with Sharjah Economic Development Department (SEDD), during 2024 show that 13 entrepreneurial projects received financing services totaling AED 2,860,000. This is part of the financing and support services the foundation provides to national small and medium-sized enterprises (SMEs) in the Emirate of Sharjah. This brings the total number ...
Read More »Shurooq promotes its distinctive hotels in Sharjah at ATM
Ahmed Obaid Al Qaseer, Executive Director of the Sharjah Investment and Development Authority (Shurooq), affirmed that the authority is keen to promote its distinguished and unique hotel and tourism projects at the Arabian Travel Market (ATM) exhibition. The offerings comprise five unique hotels within the Sharjah Collection, along with “Rahhal” placed in the Khor Kalba mountains, the LUX Hotel located ...
Read More »Sharjah Ruler allocates AED 2.5M to update Sharjah’s libraries
His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has directed the allocation of AED 2.5 million to provide public and governmental libraries across the Emirate with the latest publications from Arabic and international publishers participating in the 16th edition of the Sharjah Children’s Reading Festival. This initiative continues His Highness’s longstanding commitment ...
Read More »Real estate trading value increases by 31.9% during Q1 2025
The real estate trading value in the Emirate of Sharjah has reached AED 13.2 billion during the first quarter of 2025, with a growth rate of 31.9% compared to the same period in 2024, as it amounted to approximately AED 10 billion. The number of transactions executed by the department reached 24,597, with a growth rate of 4.8% compared to ...
Read More »SIB reports a net profit of AED 318.9 MM for 1st quarter of 2025
Sharjah Islamic Bank (SIB) commenced the year 2025 with strong financial performance during the first quarter, achieving a net profit after tax of AED 318.9 million, an increase of 24.6% compared to AED 255.9 million in the first quarter of 2024. Income from investments in Islamic financing and sukuk grew by AED 56.2 million, or 6.6%, reaching AED 914.3 million ...
Read More »Invest in Sharjah, SRTIP showcase “Innovate in Sharjah” platform
Under the banner of “Innovate in Sharjah,” the Sharjah FDI Office (Invest in Sharjah) and the Sharjah Research, Technology and Innovation Park (SRTIP) participated in InnoEX 2025 in Hong Kong. The participation also explored avenues for collaboration in technology, innovation and research. The delegation presence highlighted the emirate’s advanced infrastructure, business-friendly environment, and competitive edge in advanced industries. Held during ...
Read More »SRTIP unveils flying car project
His Excellency Hussain Al Mahmoudi, CEO of the Sharjah Research, Technology and Innovation Park (SRTIP), announced the launch of a flying car project during a morning business meeting organised by the Park. The event brought together leading entrepreneurs and representatives of diplomatic missions in the UAE. Al Mahmoudi confirmed that the initiative reflects the emirate’s commitment to adopting smart and ...
Read More »ALECSO awards Arab cultural merit to Sharjah Ruler
The Arab League Educational, Cultural, and Scientific Organisation (ALECSO) awarded His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Arab Cultural Merit—First Class—on April 17, 2025, in the inaugural edition of this distinguished honour. Abdullah bin Mohammed Al Owais, Chairman of the Sharjah Department of Culture, accepted the award on His Highness’s ...
Read More »Sharjah Sustainable City and BEEAH enter strategic partnership
BEEAH, a leading sustainability and innovation company, signed a Memorandum of Understanding (MoU) with Sharjah Sustainable City, the emirate’s first sustainable residential community, developed in collaboration between Sharjah Investment and Development Authority (Shurooq) and Diamond Developers. The MoU was signed by Yousef Ahmed Al Mutawa, Executive Director of Real Estate at Shurooq, and Fahad Ali Shehail, Chief Sustainability Officer at ...
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