Top Sharjah officials and economic stakeholders have welcomed the move by global credit ratings agency, Standard & Poor’s (S&P), reaffirming Sharjah’s BBB + / A-2 sovereign credit ratings in long- and short-term. Lauding the decision by the global watchdog, they emphasised that Sharjah’s economic outlook remains healthy and positive in short and long terms, thanks to the Emirate’s diverse economy ...

Sharjah’s gross domestic product (GDP) reached AED92.7b in 2017, increasing by an average of 4.7 per cent, according to figures released by the Sharjah Economic Development Department. Sultan Abdullah bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department, (SEDD) said that the increase in GDP reflects the wise vision of His Highness Sheikh Dr. Sultan bin Mohamed Al Qasimi, ...

Air Arabia, the Middle East and North Africa’s largest low-cost carrier, on Tuesday said it received delivery of two new Airbus A320 aircraft, bringing its fleet to a total of 53. The new jets from Airbus, marks the completion of all deliveries scheduled for this year, Air Arabia said in a statement. “The delivery of our last two aircraft for ...