Sharjah-headquartered diversified holding company Crescent Enterprises has announced the launch of its new corporate venture capital division with plans to invest up to US$150 million (AED548 million) over the next three years. The announcement was made at the Sharjah Entrepreneurship Festival (SharjahEF), organised by the Sharjah entrepreneurship centre, Sheraa, this week. According to the company CEO Badr Jafar, Crescent Enterprises ...

The Government of Sharjah aims to award 10 percent of all digital transformation projects to start-ups and SMEs (small and medium-sized enterprises), according to an announcement made at the inaugural Sharjah Entrepreneurship Festival (SharjahEF) by ‎the emirate’s Department of Government Relations. Organised by Sheraa, the Sharjah Entrepreneurship Centre, SharjahEF took place on November 21st and 22nd at the Sharjah Golf ...

Sharjah-headquartered Air Arabia PJSC (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has signed a leasing agreement with U.S.-based Air Lease Corporation (ALC) for six Airbus A321neo long range aircraft. The long range airliners are built with the Airbus A321 new engine option, featuring CFM International engines. The 215-seat passenger jets will be delivered from ...