Business

Seventy-five percent of Sharjah’s Emirates Industrial City (EIC) has now been leased, according to a a report in the UAE’s Khaleej Times newspaper, and an additional AED 200 million (US$ 55m) of plots are expected to be sold by the first quarter of 2019. Launched in 2005 by the investment consortium Emirates Company for Industrial Cities, the massive multi-use development ...

Leading UAE halal food manufacturer Al Islami Foods has opened its biggest food production facility in the Middle East in Sharjah’s Hamriyah Free Zone. According to Al Islami Foods, the new 10,000 square metre (32,800 sq. ft.) factory is expected to create over 100 new jobs, increase the company’s food product production by 150 percent and allow it to launch ...

Sharjah Entrepreneurship Center, Sheraa, conducted a press conference to announce the launch of the largest entrepreneurship festival in the UAE at the Sheraa Hub, American University of Sharjah in the presence of leading industry experts and strategic partners. Celebrating and recharging the spirit of entrepreneurship, Sharjah Entrepreneurship Festival (SharjahEF) makes its grand debut in Sharjah this November, 2017. SharjahEF, organized ...

With more than 1.5 million book titles and 1,650 publishing houses from 60 countries, Sharjah International Book Fair (SIBF) opened its doors to public and trade visitors today. Now the third largest book fair in the world, the publishing mega-event takes place from 1 to 11 November at the Expo Centre Sharjah, which has added a 42,000 square foot (3,900 ...

His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has officially inaugurated Sharjah Publishing City (SPC) at an opening event attended by hundreds of government officials, publishers, authors, journalists other distinguished guests. The first free zone of its type in the world, the new world-class facility provides a tax-free environment for ...

Sharjah registered a 37.2 percent increase in the value of real estate transactions made in the third quarter of 2017 compared to the same period in 2016, according to new statistics released by Sharjah Real Estate Registration Department (SRERD). A total of 34,304 million square feet of real estate was traded during Q3, with a total value of US$ 2.23 ...

The AED 260 million (US$ 71 million) redevelopment and expansion of City Centre Sharjah, one of Sharjah’s largest shopping malls, is now 75 percent complete. The redevelopment, which will add 13,700 square metres (147,466 sq. ft.) of retail space, is now entering its final phase, according to mall-owner Majid Al Futtaim. The mall project is expected to create hundreds of ...

Sharjah-based Al Qabdah Building Contracting has been awarded a AED 400 million (US$ 110m) construction contract to build a mid-market luxury residential community in the neighbouring emirate of Dubai. Alandalus Apartments, part of the world-class Jumeirah Golf Estates residential golf destination, will include 715 apartments, 95 town houses and a retail centre. The first handover of properties is expected to ...

China Arab International Technology Transfer Co. Ltd. (CAITTC), a platform for technology transfer and scientific cooperation between China and Arab countries, will open its regional technology centre and headquarters at Sharjah Research, Technology and Innovation Park (SRTIP)*. As part of the memorandum of understanding signed between the company and SRTIP, a centre for technology transfer will be established to help ...

Sharjah Chamber of Commerce & Industry (SCCI) this week inaugurated a 42,000 square foot (3,900 sqm.) temporary expansion for Expo Centre Sharjah to accomodate the continued growth of Sharjah’s fairs and exhibitions, in particular the highly anticipated Sharjah International Book Fair (SIBF), which takes place from 1-11 November. Last year’s Sharjah International Book Fair hosted 1,681 publishing houses from 60 ...