Economy

The Sharjah Economic Development Department (SEDD) reported robust economic performance indicators for the first quarter of 2026, with a total of 18,921 business licences issued and renewed, compared to 18,768 licences in the same period of 2025, demonstrating a 1% overall increase. The Department reported a significant 36% increase in newly issued licences, reaching 2,991, while renewed licences totalled 15,930 ...

Sharjah’s real estate sector delivered outstanding results during Ramadan 2026, with total transaction value reaching AED 4.6 billion, marking a significant 71.8% increase compared to AED 2.7 billion recorded during Ramadan 2025. This strong performance highlights sustained market momentum, driven by rising demand across diverse property segments and reinforced by the emirate’s position as a secure and attractive investment destination. ...

The Project Financing Committee of the “RUWAD”, affiliated with Sharjah Economic Development Department (SEDD) (SEDD), held its 41st meeting at the department’s headquarters. The meeting was chaired by Hamad Ali Abdullah Al Mahmoud, Chairman of the Department, and attended by committee members Saeed Ghanem Al Suwaidi, Faisal Jassim Al Midfa, Fahd Al Khumairi, Dr Mudathir Abdullah, and Noura Al Zarooni. ...

The real estate sector in Sharjah began 2026 with exceptional momentum, recording a strong monthly transaction value in January, a clear indicator of the market’s strength and growing investment appeal. Total real estate transactions in January 2026 reached approximately AED 9.3 billion, compared with AED 7 billion in January 2025, representing a 34.8% increase. A total of 10,333 transactions were ...

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 ...