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Economy

Shurooq Launches Development of Picturesque Khorfakkan Beach Project

Under the directives of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council Ruler of Sharjah, the Sharjah Investment and Development Authority (Shurooq) recently announced the launch of the development and redesigning project of Khorfakkan Beach. The project aligns with Shurooq’s strategy to integrate tourism and family destinations across the emirate of Sharjah. The project ...

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Shurooq Honoured for ‘Excellence in Quality’ at Business Triumph Festival 2018

The Sharjah Investment and Development Authority (Shurooq) has bagged this year’s ‘Excellence in Quality’ Award at a landmark international business event, the Business Triumph Festival 2018, hosted by the Summit of Leaders in Cannes, France. Marwan Alichla, Investment Promotions Manager at the Sharjah FDI Office (Invest in Sharjah) received the award on behalf of Shurooq in the presence of top ...

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SEDD, ENOC discuss cooperation

Sultan Abdullah bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department (SEDD), received Saif Humaid Al Falasi, Chief Executive Officer at (ENOC) Group, at SEDD main headquarter. The meeting comes within the framework of strengthening areas of cooperation between the two sides. Welcoming ENOC delegation, SEDD Chairman emphasised the importance of holding such meetings in enhancing cooperation and coordination ...

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Gulftainer invests in crucial road extension to fuel Sharjah’s economy

Saja’a Permanent Access Road to connect strategically located Saja’a Industrial Investment Park, Gulftainer’s first leasehold initiative, with Port Khalid, Hamriyah Port, KhorFakkan Port Gulftainer, the world’s largest privately owned independent port operator based in the UAE, will host a ceremony to commence the construction of the Saja’a Permanent Access Road. The company’s investment in the road extension aligns with its ...

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SCCI keen to achieve the best representation of business community’s interests

Sharjah Chamber of Commerce and Industry (SCCI) stressed its keenness to achieve the best representation of the interests of the business community in Sharjah and to provide all possible support to the private sector enterprises, with the aim of providing them with maximum protection and enhancing efforts to create a business-friendly and attractive investment environment. This came during the 2018 ...

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‘Invest in Sharjah’ broadens Sharjah-China investment markets and FDI prospects

In line with Sharjah’s development and strategic objectives to enhance economic diversification, the Sharjah FDI Office (Invest in Sharjah) concluded its participation in three leading global investment events which were held in Xiamen and Shanghai, China. The three exhibitions set the stage for discussions on common investment and business interests between both parties and presented “Invest in Sharjah” the opportunity ...

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SEC reviews Sharjah’s facilities for investors

Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council (SEC), chaired a meeting of the Council on Tuesday, at the Ruler’s Office in Sharjah, in the presence of Sheikh Abdullah bin Salem Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of the Sharjah Executive Council. Following the ...

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The Fourth Edition of Sharjah FDI Forum kickstarts in December

Region’s leading FDI forum held under the patronage of His Highness the Ruler of Sharjah As global economies transition from readying themselves for the Fourth industrial revolution, to devising frameworks and capital markets that pave way for a profitable and sustainable future, the 4th Sharjah FDI Forum, slated to take place on 10 and 11 of December, under the patronage ...

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Shurooq, BESIX to invest in a sustainable development waste water project in Sharjah

The Sharjah Investment and Development Authority (Shurooq) and BESIX, the region’s leading company operating in infrastructure concessions and construction, has signed a joint venture agreement to operate and maintain an existing wastewater treatment plant in Al Saja’a area in Sharjah. The newly formed company, called QATRA, will continue developing and expanding the wastewater infrastructure in line with Sharjah’s masterplan, whilst ...

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