The Emirate of Sharjah’s gross domestic product (GDP) growth could reach 13 percent in 2014, according to comments made by Hussain Mohamed Al Mahmoudi, director-general of Sharjah Chamber of Commerce and Industry to UAE newspaper Khaleej Times. Al Mahmoudi informed the paper that the Chamber expected the emirate’s GDP to reach AED 113 billion (US$30.8 b) this year compared to ...

The Dubai Investment Development Agency (Dubai FDI), an agency of Dubai’s Department of Economic Development (DED), and the Sharjah Investment and Development Authority (Shurooq) have signed a partnership agreement to conduct joint initiatives and exchange information to attract foreign investment into the UAE. As per the partnership agreement signed between the two parties, Dubai FDI and Shurooq will collaborate to ...

The Sharjah Investment and Development Authority (Shurooq) took Sharjah’s investment proposition to India this month as part of a four-day trade mission organised by the UAE Chambers of Commerce and Industry. Bilateral trade between the UAE and India stood at around US$59.5 billion (AED 219b) for India’s financial year 2013-2014 (1 April 2014 to 31 March 2015), with the Emirates ...