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Economy

Sharjah Airport achieves ISO certification for security system

In line with its strategic plan and goal to provide high quality international services, Sharjah Airport Authority has celebrated a new achievement by being awarded the ISO certificate for the global information security management system once again. The certificate has been issued for a period of three years, following an audit and evaluation process where all procedures and regulations were ...

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SSC launches flexible payment plans for property investment

Sharjah Sustainable City (SSC), a Sharjah Investment and Development Authority (Shurooq) project, has announced the launch of flexible and competitive payment plans to encourage people to own residential units in the first fully-sustainable residential community in Sharjah. The project aims at promoting the concept of social sustainability by establishing community outreach programmes that ensure a safe, healthy, and cultural lifestyle ...

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Hamriyah Free Zone Authority: Smart solutions that serve and support local business

In conversation with Saud Salim Al Mazrouei, Director, HFZA Established in 1995, Hamriyah Free Zone (HFZA) proudly welcomes over 6,500 companies from 163 countries, testament to its standards of service, state-of-the-art infrastructure and broad range of permissible business activities. The free zone sits on a 30 million square metre site in Sharjah, capitalising on its unique location with ports on ...

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SHARJAH ACADEMY FORGES CLOSER LINKS WITH FTA

Discussions taking place between representatives of the AASTMT’s Sharjah branch and FTA Land & Maritime The Sharjah branch of the Arab Academy for Science, Technology and Maritime Transport (AASTMT) has commenced talks which it hopes will lead to formal collaboration with the UAE’s Federal Transport Authority – Land & Maritime (FTA). This intention of the planned joint working is to ...

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INTERVIEW: A Sharjah oilman’s view on the energy world

SNOC CEO explains how US shale will be big loser from price wars The Sharjah National Oil Co. (SNOC) is not one of the big beasts of the global oil world, certainly in comparison with its giant neighbors such as Saudi Aramco or the Abu Dhabi National Oil Co. (ADNOC). As the SNOC’s CEO Hatem Al-Mosa admits, its production disappears ...

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RAK Bank to close 25% of its branches next month

The National Bank of Ras Al Khaimah (RAK Bank) will shut down nine branches from next month as demand for digital banking grows among the UAE residents. The lender will close six branches in Dubai and one each in Sharjah, Khor Fakkan and Abu Dhabi from September 3, 2020. In Dubai, branches in Al Ras, Mirdiff, Marina Diamond, Al Quoz ...

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Sharjah FDI Office highlights how emirate is responding to shifting needs of American investors in current economic climate

The Sharjah FDI Office, Invest in Sharjah, an affiliate of the Sharjah Investment and Development Authority, Shurooq, organised an interactive business webinar via the Zoom platform on Tuesday, 21st July, 2020, to introduce emerging opportunities in various high-potential sectors to investors and businesses from the United States, US. With 462 US companies currently operating in Sharjah – 200 onshore and ...

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UAE To Suspend Flights From Pakistan

The United Arab Emirates’ General Civil Aviation Authority (GCCA) announced yesterday that it would temporarily suspend flights from Pakistan in light of its worsening COVID-19 situation. This suspension, effective Monday, will stand until a laboratory is set up for COVID-19 tests.   A precautionary measure The move is being made to ensure the health and safety of arrivals from Pakistan, with the GCCA ...

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Turkish Airlines, Air Arabia to resume flights in July

Civil aviation authorities clear the airlines to operate flights from Dhaka The Civil Aviation Authority of Bangladesh (CAAB) has decided to allow Turkish Airlines and Air Arabia to operate flights from Dhaka amid the Covid-19 pandemic. “Turkish Airlines will operate three flights on the Dhaka-Istanbul-Dhaka route and Air Arabia will operate two flights on the Dhaka-Sharjah-Dhaka route from the first ...

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Sharjah ranks among world’s high-growth start-up ecosystems, report says

Dubai ranked 18th in the world’s top 100 emerging start-up ecosystems Sharjah has ranked the top in high growth activation phase ecosystems in the newly launched Global Startup Ecosystem Report (GSER). The UAE’s northern emirate of Sharjah was ranked at the top spot in a list of high-growth activation phase start-up ecosystems globally, according to a new report. According to ...

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