Recent Posts

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 ...

Read More »

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 ...

Read More »

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 ...

Read More »