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Sharjah Economic Development launches offices for foreign firms

As part of its efforts to strengthen relations with private-sector partners and provide the support needed to develop and sustain Sharjah’s business sector, the Sharjah Economic Development Department (SEDD) has announced a joint initiative with Al Teneiji Group. The initiative will provide offices at Al Teneiji Business Centre for branches of foreign companies seeking to invest in the emirate. It ...

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Khorfakkan Port to receive record Chinese vehicle shipment

Khorfakkan Port, affiliated with the Sharjah Ports, Customs and Free Zones Authority, is set to receive a large RoRo vessel carrying 6,068 new energy vehicles produced by Chinese automaker BYD. The vessel departed from Xiaomo International Logistics Port in Shenzhen, China, marking the launch of a direct maritime shipping route between the two sides. The new route offers a strategic ...

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Dana Gas reports 47% increase in H1 2026 net profit to AED393 Mn

Dana Gas PJSC (the “Company”), the Middle East’s largest regional private sector natural gas company, today announced its financial results for the half-year ended 30 June 2026. The Company reported net profit of AED 393 million ($107 million) in H1 2026, compared with AED 270 million ($73 million) in H1 2025, an increase of 47%. Reported net profit included a ...

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