The Government of Sharjah will invest up to 1.9 billion dirhams ($517.32 million) in Invest Bank, the lender said on Wednesday, disclosing details of the two-stage investment plan. The Sharjah government stepped in to support Invest Bank, after it was hit by recent high levels of loans. The Government of Sharjah will buy 1.59 billion shares of Invest Bank for ...

Al Bait Sharjah, a new boutique five-start luxury resort in Sharjah, UAE was officially inaugurated today (Thursday) by His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council Ruler of Sharjah. The new hotel becomes the first 5-star luxury hospitality brand in the UAE built on and inspired by rich Emirati heritage and culture. The official ...

The fourth edition of the region’s leading FDI event, the Sharjah FDI Forum started on Monday (December 10), with optimistic comments by the UAE Minister of Economy and the Shurooq Executive Chairman about the nation’s readiness to promote foreign direct investments (FDIs) as an enabler of sustainable development, despite the slump experienced globally – especially in developed economies – in ...