Starwood Hotels & Resorts Worldwide, Inc. has formally announced the opening of the Sheraton Sharjah Beach Resort & Spa, marking its entry in the Emirate of Sharjah and bolstering Sharjah’s proposition for luxury tourism. The Sheraton Sharjah Beach Resort & Spa features 349 spacious guest rooms and suites, and provides panoramic views of the Arabian Gulf and the city of ...

Global credit rating agency Standard & Poor’s has once again affirmed the Emirate of Sharjah’s A/A-1 sovereign credit ratings long- and short-term, foreign and local currency. These ratings were made on the basis of Sharjah’s strong nominal GDP (gross domestic product) growth, despite reports of a slow-down in the UAE’s non-oil business growth. S&P began assigning sovereign credit ratings for ...

Sharjah-headquartered Air Arabia, the largest low-cost carrier operator in the Middle East and North Africa, has confirmed that it is considering an investment in FlyEasy, a new Indian budget airline that has yet to launch. According to the International Air Transport Association (IATA), India’s domestic airline business is currently the fastest growing in the world, showing a ​13.2 percent growth ...