Sharafco Group, a diversified petrochemicals group, has opened a new 80,000 cubic metre (cbm) oil storage terminal at Sharjah’s Hamriyah Free Zone. The new facility falls under Hamriyah-based Sharafco Petroleum FZE, a leading UAE supplier, marketer and manufacturer of petroleum and fuel products, which aims to lease out the tanks to global petrochemical traders. The US$100 million (AED 3.65b) storage ...

Sharjah Investment and Development Authority (Shurooq) unveiled a new ‘Invest in Sharjah’ brand at the Sharjah FDI Forum 2016 on Wednesday. Shurooq expects the new brand to help position Sharjah in global markets and help foreign investors identify the right opportunities in the emirate. Shurooq was established in 2009 to identify, evaluate and drive tourism, industry and heritage-related infrastructure projects, ...

Sharjah’s unique position as a gateway for international business expansion was the topic under discussion at a key panel event held in the presence of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, which took place at the opening of the Sharjah Foreign Direct Investment Forum (Sharjah FDI Forum 2016), ...