Business

The first King Sejong Institute Center (KSIC) headquarters in the Middle East and North Africa (MENA) has officially opened in the emirate of Sharjah. In collaboration with the Department of Government Relations (DGR) in Sharjah, the KSIC has been launched in line with the emirate’s ongoing mission to build bridges between cultures and strengthen collaborations with countries worldwide, and will ...

Arada has awarded two contracts valued at AED615 million to build all 565 homes in Azalea, the fourth phase of Masaar, the popular megaproject based in the Suyoh district of Sharjah. Valued at AED9.5 billion and containing 3,000 villas and townhouses spread over six phases, Masaar is defined by a ‘green spine’ of 70,000 trees, offering a nature-inspired lifestyle to ...

The American University of Sharjah (AUS) and the Regents of the University of Michigan, representing the University of Michigan-Flint College of Innovation and Technology (UM-Flint), have recently forged an agreement to introduce a collaborative educational initiative for a dual master’s degree programme. This partnership aims to enhance educational opportunities and foster global learning experiences for students in the fields of ...

BEEAH, the region’s pioneer in leveraging Artificial Intelligence (AI) to advance sustainability efforts, is taking another leap forward by developing a new “AI Executive” to revolutionise business decision-making. The AI Executive underscores BEEAH’s commitment to driving agility, efficiency and data-driven operations. The company has revealed that its “AI Executive” is being developed on a proprietary Language Learning Model (LLM), capable ...

Under the patronage of Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah, and presence of H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, the Sharjah Ramadan Majlis 2024 brought together business leaders, senior government officials, entrepreneurs, and changemakers, to the Sharjah Research Technology and Innovation Park (SRTIP) to collaboratively address how investments across a ...

In a major development, an Abu Dhabi headquartered industrial deep tech company Maxbyte Technologies has teamed up with Sharjah Research Technology and Innovation Park (SRTI Park) to set up a state of the art Industry X.0 Centre of Excellence that aims to be the leading Industry X.0 enabler for economic development of the region. Industry X.0 has emerged as the ...

The Sharjah FDI Office (Invest in Sharjah) has signed an MoU partnering with global research firm ‘The Business Year’ to create the “The Business Year: Sharjah 2024/2025” report. This annual publication will detail the emirate’s economic climate and investment opportunities, serving as a valuable resource for both local and international investors and entrepreneurs. The MoU was signed at the Sharjah ...

Vittorio International Fragrance Company has announced an ambitious plan to establish a new regional hub at the Sharjah Airport International Free Zone (SAIF Zone) in an effort to bolster its expansion efforts across the Middle East markets, reflecting Sharjah’s growing stature as a global economic centre. The Azerbaijani company signed a Memorandum of Understanding (MoU) with SAIF Zone at the ...

Alexandria International, a leading manufacturer in the flooring and office furniture sector, has recently inaugurated its state-of-the-art logistics distribution centre in Sharjah, encompassing operational facilities spanning 74,000 square feet. This strategic move positions the centre to efficiently cater to both the local UAE market and the wider regional sector while taking advantage of Sharjah’s strategic location and reputation as a ...

To support and encourage entrepreneurship and innovation in the emirate, the Sharjah Investors Services Center (SAEED), an affiliate of the Sharjah FDI Office (Invest in Sharjah), has launched the “Emerging Entrepreneurs” initiative. This forward-thinking programme aims to streamline the process for entrepreneurs and innovators to establish and launch their ventures within Sharjah, offering support for youth projects, promoting economic diversification, ...