Business

In response to increasing demand from entrepreneurs and investors from the region and around the world, the Sharjah Publishing City Free Zone (SPC Free Zone) has announced expansion of operations to deliver round-the-clock support to its customers. The free zone also guarantees a 3 business days turnaround for clients seeking to open bank accounts in the UAE. The new initiative ...

During their participation in the 13th edition of AIM Congress in Abu Dhabi, a delegation representing the emirate participated in the Sharjah pavilion to showcase the emirate’s commitment to fostering responsible investment, sustainable economic growth, as well as strategies to attract FDI to local markets. Held from May 7 to 9 under the theme “Adapting to a Shifting Investment Landscape: ...

During Q1 2024, Sharjah Economic Development Department (SEDD) issued and renewed a total of 17,722 licenses, processed via various channels including the SEDD smart application, website, service centers, headquarter, and branches. Among these, 2,129 were new licenses while 15,593 were renewals, marking a 1% growth compared to the same period in 2023. SEDD Chairman, Hamad Ali Abdalla Al Mahmoud, emphasized ...

Emirates Development Bank (EDB) together with Sharjah Entrepreneurship Centre (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI) announced today the launch of Sheraa’s Centre of Excellence (CoE) for Advanced Manufacturing and Consumer Packaged Goods (CPG). This first-of-its-kind initiative in the UAE aims to advance the nation’s vision for innovation in the manufacturing industry by incubating and enabling the growth ...

In collaboration with the local emergency and crisis team in Sharjah, the Sharjah Entrepreneurship Foundation “Ruwad,” affiliated with the Department of Economic Development, has adopted a package of incentives and supportive measures for its member projects affected by the recent weather conditions in mid-April. In this context, Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department, stated ...

Highlighting the significant decision to transform Mleiha desert into a national park that will showcase the historic treasures of the region from 200,000 years ago, Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq), has stated that the establishment of the Mleiha National Park reinforces Sharjah and Shurooq’s commitment to championing sustainability and preserving ...

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 ...