Recent Posts

Bodour Al Qasimi reviews performance of Eagle Hills Sharjah

Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq) has led the annual meeting of Eagle Hills Sharjah Development LLC board. This joint venture, between Shurooq and Abu Dhabi-based real estate developer Eagle Hills, remains committed to propelling Sharjah’s development forward with dynamic and diversified growth initiatives. The hour-long meeting held at the Sharjah ...

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Emirate of Sharjah ‘BBB-/A-3’ ratings affirmed; outlook stable: Report.

S&P Global Ratings has affirmed its ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings on the Emirate of Sharjah, a member of the United Arab Emirates (UAE). The outlook is stable. The stable outlook reflects S&P’s view that Sharjah’s government will introduce sufficient measures to begin stabilizing its net general government debt as a percentage of GDP ...

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Air Arabia reports net profit of AED266 million in Q1-24

Air Arabia today reported a strong first quarter 2024 financial and operational results, as the airline continued to expand its network and further strengthening its leadership position in the market. Air Arabia reported a net profit of AED266 million for the first three months ending March 31, 2024; 22 percent lower than the AED 342 million registered in the corresponding ...

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