Sharjah’s higher degree of economic diversification compared to other Gulf Co-operation Council (GCC) members diminishes the impact of the recent oil price drop on the emirate’s economy, according to Moody’s Investors Service annual Sharjah Credit Analysis, published this week. Moody’s expects Sharjah’s economic growth to remain solid with a low government debt burden, although the report noted that debt levels are ...

Sharjah will showcase investment opportunities for local and global businesses and investors at the 5th edition of Annual Investment Meeting (AIM) from 30 March – 1 April 2015 at the Dubai International Convention and Exhibition Centre. Sharjah Investment and Development Authority (Shurooq) is a Silver Sponsor of the annual event. AIM is an emerging markets FDI-focused event established by the UAE ...

Global port terminal operator Gulftainer, recorded an 8 percent growth in container volume in 2014, handling a total of 6.4 million twenty-foot-equivalent units (TEUs) across its global operations portfolio. Gulftainer is a wholly-owned subsidiary of Sharjah-based Crescent Enterprises and operates Sharjah Container Terminal (SCT) located at Port Khaled in the heart of the city of Sharjah, Khorfakkan Container Terminal (KCT) ...