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Economy

Sharjah issues 18% more trade licences in Q1

The number of renewals increased from 13,514 in 2018 to 14,425 in the first quarter of 2019 The Sharjah Economic Development Department (SEDD) on Saturday announced that it issued 1,464 licences in first quarter of 2019 compared to 1,240 in the same quarter last year, reflecting an increase of 18 per cent. In a statement, the department said the number ...

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Sharjah’s non-oil GDP exceeds $24bn in 2018

Sharjah Economic Development Department report says non-oil sectors account for 91.9% of the emirate’s total GDP Sharjah’s 2018 non-oil GDP hit AED89 billion ($24.2 billion), according a report issued by Sharjah Economic Development Department (SEDD), with all non-oil sectors accounting for 91.9 percent of the emirate’s total GDP. The report, cited by state news agency WAM, said that the transport, ...

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Sharjah’s Innovation Economy Report launched

The Sharjah Research Technology and Innovation Park, SRTI Park, launched the Sharjah Innovation Economy Report at a special ceremony today. The event, held under the patronage of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, took place at Al Jawaher Reception and Convention Centre. A host of dignitaries and officials from both private ...

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SAIF Zone highlights investment incentives offered to investors

The Sharjah Airport International Free Zone (SAIF ZONE) has recently held an expanded business meeting with a high-ranking Chinese delegation, comprising officials and businessmen from the Chinese Business Union and Society, Liaoning Business Council, Shanghai Business Union and Society and other Chinese bodies and institutions interested in taking Sharjah as a center of their operations in the region. The 60-member ...

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SEDD receives “Residency and Foreign Affairs” delegation

Sharjah Economic Development Department “SEDD” received a delegation from the General Directorate of Residency and Foreign Affairs in order to strengthen cooperation and enhance coordination between the two parties for the benefit of investors. The delegation was received by Fahad Al Khamiri, Director of Registration and Licensing Department, Hamad Al Midfa, Deputy Director of Legal Affairs Department, and Mudathir Abdullah, ...

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SCCI launches initiative with economic sector’s representatives

The Sharjah Chamber of Commerce and Industry (SCCI) has launched a new initiative on fostering dialogue and partnership among the private sector’s representatives in certain sectors in the Emirate of Sharjah. The initiative was inaugurated last week through a meeting comprised the working companies in the food processing and trade sector. The meeting was attended by more than 30 companies ...

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Shurooq Partners with Shaza Hotels For Management of Sharjah Collection Retreats

The Sharjah Investment and Development Authority (Shurooq) has appointed Shaza Hotels to manage three luxurious retreats, which are Kingfisher Lodge in Kalba, Al Badayer Oasis in Al Badayer and Al Faya Lodge in Mleiha. The high-end destinations, which fall under the ‘Sharjah Collection’ brand by Shurooq, will be operated and fall under the management of the Mysk by Shaza brand, ...

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Sharjah FDI Office Hosts First Sharjah–Sweden Business Roundtable

The Sharjah FDI Office (Invest in Sharjah) organised the first Sharjah-Sweden Business Roundtable on Tuesday, exploring interests with Swedish business powerhouses, and to introduce emerging prospects in a variety of sectors attractive to Swedish investors. Among the sectors highlighted were logistics, environment, technology and innovation, healthcare, education and research, start-ups, SMEs – each of which have been playing increasingly important ...

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Sheikh Sultan Al Qasimi Launches AED 2 Billion ‘Sharjah Sustainable City’ Project

His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, launched ‘Sharjah Sustainable City today (Wednesday), the first urban mixed-use project in the emirate, which meets the highest standards of green economy and environmental sustainability. It is the outcome of a strategic partnership between Sharjah Investment and Development Authority (Shurooq) and Diamond Developers, a ...

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Hind Al Qasimi reviews supporting economic empowerment for female

Sheikha Hind bint Majid Al Qasimi, Chairperson of Sharjah Business Women Council (SBWC), has shed light on the growing international consensus about the vital role women play in driving nations towards achieving the 2030 Agenda for Sustainable development, stressing that this must be turned into workable policies, plans and methodologies. The statement came during her participation in the two-day Arab-African ...

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