Economy

The United Arab Emirates has consolidated its position among the world’s top ten countries in the 2026 Global Soft Power Index issued by Brand Finance, marking the fourth consecutive year in which the country has maintained this global standing. The announcement was made on the sidelines of the World Economic Forum meetings in Davos, Switzerland, in the presence of the ...

The real estate sector in Sharjah achieved its highest trading value on record in 2025, reaching AED 65.6 billion, representing a substantial 64.3% increase over the AED 40 billion recorded in 2024. This exceptional performance underscores the resilience of Sharjah’s real estate market and reflects growing investor confidence in the emirate’s stable, well-regulated, and attractive investment environment. The total number ...

The Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD), affiliated with the Sharjah Economic Development Department (SEDD), has approved funding for two new entrepreneurial projects, with a total financing value of AED 800,000. This came during the 40th meeting of the Foundation’s Project Funding Committee – the first of 2026 – held last week at the Department’s headquarters under the chairmanship ...

The Sharjah Investment and Development Authority (Shurooq) has reported exceptional results across its real estate portfolio, with total investments and partnerships reaching AED 5.8 billion and 96.4% in units sold across three flagship developments – Maryam Island, Sharjah Sustainable City, and Ajwan in Khorfakkan. Together, these projects comprise 4,520 units, of which 4,358 have been sold to local and international ...

His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, Chairman of Sharjah Executive Council (SEC), chaired on Tuesday morning the Council’s regular meeting, held at the Ruler’s Office. The meeting was attended by His Highness Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of the ...

Sharjah’s real estate sector set a new historical record in November 2025, with total transactions reaching AED 9.5 Billion, the highest monthly figure ever recorded in the emirate’s history, highlighting its exceptional growth. This unprecedented performance reflects the strength of Sharjah’s economic momentum and the real estate market’s capability to deliver record-breaking results over the years, reaffirming its position as ...

The Sharjah Chamber of Commerce and Industry (SCCI) recorded a strong performance and significant growth across key metrics during the first half of 2025, reporting more than 37,000 new memberships and membership renewals, marking a growth of over 12 percent compared to the same period in 2024, which registered 33,000 memberships. The combined export and re-export values of registered member ...

The Sharjah Chamber of Commerce and Industry (SCCI) reaffirmed its dedication to supporting Sectoral Business Groups under its umbrella to ensure optimal performance and promote high-impact initiatives. These efforts aim to enhance competitiveness and attract new investments. The Chamber highlighted these groups as vital partners in achieving its strategic objectives and fostering sustainable economic growth across Sharjah. This commitment was ...

The total number of issued and renewed business licenses in Sharjah during the first half of this year reached 37,356, with a growth rate of 8% compared to the same period last year, according to data released from Sharjah Economic Development Department “SEDD”. Such data revealed the most significant developments and events witnessed by the economic sectors in Sharjah, as ...

The Project Financing Committee of the Sharjah Foundation for Supporting Entrepreneurial Projects, known as Ruwad, recently held its 35th meeting. This meeting was led by Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department. Committee members included Saeed Ghanem Al Suwaidi, Faisal Jassim Al Midfa, Fahad Al Khamiri, Dr. Mudthar Abdullah, and Noura Al Zarouni. Also present ...