UAE-based Hospitality Management Holdings (HMH) is the latest hotel management group to announce a major investment in Sharjah, unveiling a US$4 million (AED 15m) project to refurbish Sharjah’s popular Coral Beach Resort. A number of hotel projects have already been announced this year, including new properties from Accor, Hues and Starwoods, plus several planned hotels as part of tourism development projects ...

Sharjah’s Roads and Transport Authority (RTA Sharjah) has announced a number of new projects to improve road traffic flow, ease congestion and increase road safety. The Authority appointed consulting services company W.S. Atkins earlier this year to conduct a comprehensive 6 month study on Sharjah’s road traffic to include traffic congestion, pollution and road safety RTA Sharjah has announced the first ...

The emirate of Sharjah is planning to issue its first sovereign sukuk, the Islamic equivalent of a sovereign bond, and has approached three banks to manage the issue, according to global news agencies. The value of Sharjah’s sovereign sukuk is yet unknown, but banking sources say that they expect the launch of the new bond to take place as early ...