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Sharjah Ruler issues decree forming SRTIP board of directors

His Highness Dr. Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued royal decree no. 15 of 2017, forming the board of directors for Sharjah Research Technology and Innovation Park (SRTIP) free zone authority. The park is currently being developed, adjacent to American University of Sharjah campus, by the university’s commercial and investment arm ...

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New Anantara Sharjah Resort planned for 2020

Sharjah’s Basma Group and property developer ARADA have signed a management agreement with luxury hospitality group Minor Hotels to launch an Anantara Sharjah Resort, scheduled to open in mid-2020. The new Sharjah property is one four Anantara-branded resorts planned for the UAE. International hotel owner-operator Minor Hotels currently has 157 hotels in operation across Africa, Asia and the Middle East. ...

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Shurooq MoU paves way for more Sharjah businesses to list on DFM

Dubai Financial Market (DFM) today announced it has signed a Memorandum of Understanding (MoU) with Sharjah Investment and Development Authority (Shurooq), creating the necessary foundation for an extensive cooperation between the two sides. The agreement aims at streamlining private and family businesses’ access to DFM’s innovative services and realizing the numerous benefit of going public and listing on DFM. His ...

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Forum to discuss growth of Sharjah hospitality sector

Sharjah will host the 4th Hospitality Industry Forum on 4 December 2017 at Sharjah Chamber of Commerce and Industry (SCCI), bringing together experts and professionals from hotels, resorts and across the emirate’s integrated tourism system. The one-day event, organised by Sharjah Commerce and Tourism Development Authority (SCTDA), will discuss the latest developments in the hospitality sector at local, regional and ...

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Sharjah Ruler approves 3.3km city beachfront development

His Highness Dr. Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the Sharjah Beach Development Project, which will create 3.3 kilometres of pedestrian areas, landscaping, sports facilities and public services along Sharjah city’s beachfront parallel with Al Montazah Road. The project falls under Sharjah Urban Planning Council’s (SUPC) strategic plan for developing the ...

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Crescent Enterprises announces new $150m venture capital division

Sharjah-headquartered diversified holding company Crescent Enterprises has announced the launch of its new corporate venture capital division with plans to invest up to US$150 million (AED548 million) over the next three years. The announcement was made at the Sharjah Entrepreneurship Festival (SharjahEF), organised by the Sharjah entrepreneurship centre, Sheraa, this week. According to the company CEO Badr Jafar, Crescent Enterprises ...

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Sharjah to award 10% of all digital projects to start-ups and SMEs

The Government of Sharjah aims to award 10 percent of all digital transformation projects to start-ups and SMEs (small and medium-sized enterprises), according to an announcement made at the inaugural Sharjah Entrepreneurship Festival (SharjahEF) by ‎the emirate’s Department of Government Relations. Organised by Sheraa, the Sharjah Entrepreneurship Centre, SharjahEF took place on November 21st and 22nd at the Sharjah Golf ...

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Air Arabia to lease six Airbus A321neo long-range jets

Sharjah-headquartered Air Arabia PJSC (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has signed a leasing agreement with U.S.-based Air Lease Corporation (ALC) for six Airbus A321neo long range aircraft. The long range airliners are built with the Airbus A321 new engine option, featuring CFM International engines. The 215-seat passenger jets will be delivered from ...

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Sharjah’s Emirates Industrial City 75% leased out

Seventy-five percent of Sharjah’s Emirates Industrial City (EIC) has now been leased, according to a a report in the UAE’s Khaleej Times newspaper, and an additional AED 200 million (US$ 55m) of plots are expected to be sold by the first quarter of 2019. Launched in 2005 by the investment consortium Emirates Company for Industrial Cities, the massive multi-use development ...

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Mleiha unveils new ‘Time Machine’ family packages

Mleiha Archaeological and Eco-tourism Project, a premier tourism and leisure destination from Sharjah Investment and Development Authority (Shurooq), is inviting youngsters, their friends, and families to travel back in time to discover the wonders of the past in a new series of packages designed to be both fun and educational. The adventurers can explore the remains of a 70-million-year old ...

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