Recent Posts

Moody’s affirms Sharjah’s A3 credt rating

Global credit rating agency Moody’s Investors Service has affirmed the long-term issuer rating for the Government of Sharjah at A3 and maintained the outlook at stable. Moody’s has affirmed the same high rating with a stable outlook for the emirate since its first rating report in 2014. Moody’s also affirmed its A3 ratings on Sharjah’s two senior unsecured sovereign Islamic ...

Read More »

Sharjah-Japan event discusses business and trade opportunities

As Sharjah continues its extensive drive to build a wider global base of economic allies and investors, government entities, expanding enterprises and private businesses from Japan and Sharjah met recently to discuss latest investment opportunities in the rapidly diversifying economic milieu of Sharjah and the UAE. For the first time an international business meeting was brought to a site of ...

Read More »

SEWA mulls BOT project for Hamriyah power plant

Sharjah Electricity and Water Authority (SEWA) is evaluating details of an independent power project (IPP) for Hamriyah power station to be developed under a Build-Operate-Transfer (BOT) contract. Sharjah’s utility authority started a bid process towards the end of 2015, for a project to expand and convert Hamriyah power plant from an open-cycle plant to a combined-cycle facility. According to Middle ...

Read More »