His Highness Sheikh Dr. Sultan Bin Mohammed Al Qasimi, Member of the UAE’s Supreme Council and Ruler of Sharjah, this week issued instructions to Bee’ah, Sharjah’s waste management and environment company, to build, what is expected to be, the largest waste-to-energy plant in the world. Bee’ah awarded British firm Chinook Sciences with a GBP 300 million (AED 1.8 billion) contract for ...

The Sharjah Investment and Development Authority (Shurooq), in collaboration with the Japan Business Council (JBC) and the Japan External Trade Organization (JETRO), hosted a Sharjah-Japan Business Roundtable in Sharjah this week. Japan is a key trading partner of the United Arab Emirates accounting for US$25.92 billion (AED 95b) in bilateral trade during the first half of 2014. Source: Shurooq

Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has announced a record net profit of AED 498 million (US$ 136m) for the first nine months of 2014, increasing 46 percent compared with the same period last year. The company attributes this year’s success to the effectiveness of its business model and its hub ...