The International Monetory Fund (IMF) has estimated the United Arab Emirates’ average economic growth at 3.6 percent for 2014, and forecasts 3.2 percent in 2015. Despite lower oil prices, sluggish global growth, and volatility regional markets, the UAE remains one of the fastest growing economies in the world with strong non-oil economy growth of 4.8 percent (2014). According to the ...

Global business aviation services company Gama Aviation plc has announced that it has cut basic handling rates for its fixed base operation (FBO) at Sharjah International Airport by 20 percent following a global review of its operations. The reduction in handling rates ensures that the company’s Sharjah hub is highly competitive when compared to similar offerings in Dubai and other ...

Sharjah Investment and Development Authority (Shurooq), the Sharjah government authority responsible for positioning the Emirate as a tourism and investment hub, today reconfirmed its commitment to employing the highest sustainability and energy reduction standards in all of its current and future projects. Shurooq has been at the forefront of energy preservation since it was established in 2009, having switched all ...