Delta Food Industries (FZC), one of the UAE’s fastest growing food exporters, will invest AED 40 million (US$ 11m) in expanding its manufacturing and packaging facilities in the Sharjah Airport International Free Zone (SAIF Zone). According to the manufacturer, which was established in Sharjah in 2011, the expansion is to help ramp up production to meet the growing needs of ...

Sharjah’s tourism sector expects a boost from visitors during the Muslim holy month of Ramadan and the following Eid Al Fitr holidays, which begin next week. The UAE is a popular destination for Eid vacations within the region, where some Middle Eastern countries will celebrate the end of Ramadan with holidays up to 9 days long. Whilst figures are awaited ...

Two of Sharjah’s leading banks, Sharjah Islamic Bank (SIB) and United Arab Bank (UAB), have announced increased profits for the first half of 2014 this week underscoring the strength of the emirate’s banking sector. Sharjah-headquartered UAB announced a 26% increase in net profit in the first half of 2014 compared to the same period last year, reaching AED 328 million ...