Recent Posts

Shurooq seeks to strengthen cooperation with Turkish businessmen

Opportunities for Turkish investors was the main item on the agenda at a business meeting at Sharjah Chamber of Commerce and Industry (SCCI). Organised by Sharjah Investment and Development Authority (Shurooq) in association with the Turkish Business Council in the UAE, the event was held in the presence of His Excellency Erdem Ozan, Turkish Consul General in Dubai, His Excellency ...

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Air Arabia Q1 net profit up 34 percent

Sharjah-headquartered Air Arabia PJSC (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has announced a 34 percent increase in its net profit for the three months ending 31 March 2016, compared to the same period last year. The strong first quarter financial results exceeded analyst expectations, despite regional economic uncertainties resulting from lower oil prices. ...

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80% of Sharjah Investment Center plots sold

Sharjah Investment Center (SIC), a new 32 million square foot mixed-use industrial development in Sharjah, has sold 80 percent of the plots in its first two development phases to-date, according to Saudi property developer SNASCO. The project, which is a joint venture between SNASCO and UAE investors, has sold 350 plots out of the 15 million sq. ft. area allocated ...

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