The Project Funding Committee of the Sharjah Foundation to Support Pioneering Entrepreneurs (Ruwad) has approved funding for four new small businesses with a total value of AED 720,000. Funding Decisions from Two Committee Meetings These approvals were based on the 32nd and 33rd meetings of the committee, held in January and March 2025, respectively. The meetings were chaired by His ...
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Bank of Sharjah reports record AED385 million profit in 2024
Bank of Sharjah has reported exceptional financial results for the year ending 31st December 2024, with a record profit before tax of AED416 million. The bank’s net profit after tax soared to AED385 million, driven by strong revenue growth, effective cost control, and prudent risk management strategies. Strong performance and strategic initiatives Commenting on the results, Sheikh Mohammed bin Saud ...
Read More »Sharjah’s real estate transactions hit AED 3.5bn in February
The volume of real estate transactions in the various regions and cities of Sharjah has amounted to AED 3.5 billion during February 2025, with a total number of 7,768 transactions. Real Estate Diversity Through these transactions, different types of real estate were traded in the Emirate, and included residential, commercial, industrial and agricultural lands, which confirms the provision of diverse ...
Read More »Sharjah’s Ramadan Majlis to discuss sustainable growth in UAE
Graced by the presence of Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah; Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade; and Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations in Sharjah; the Sharjah Ramadan Majlis 2025 convened on Thursday in Mleiha, focusing on Sharjah’s industrial future and ...
Read More »Shurooq promotes Sharjah as sustainable eco-tourism leader at ITB
The Sharjah Investment and Development Authority (Shurooq) is presenting its innovative strategic vision at ITB Berlin 2025, leveraging the resurgence of global tourism and the increasing demand for eco-friendly and heritage-based travel experiences. These sectors form the core of Shurooq’s investment model, reinforcing Sharjah’s position as a leader in responsible tourism development while preserving its rich cultural heritage. Redefining tourism ...
Read More »Sharjah showcases its tourist destinations at ITB Berlin 2025
The Emirate of Sharjah, represented by the Sharjah Commerce and Tourism Development Authority (SCTDA), along with a delegation of 19 entities from both the public and private sectors, is participating in ITB Berlin 2025, the world’s largest travel trade event. The event, held from March 4 to 6 at the Berlin Exhibition Centre, is under the theme “The World of ...
Read More »Arada awards AED 604M contract to build the first phase of CBD
Arada has awarded a contract valued at AED604 million to build the first phase of Arada Central Business District (CBD), the upcoming commercial centre for Sharjah, which is based in the AED35 billion Aljada megaproject. The contract has been awarded to Modern Building Contracting Company (MBCC), which will begin construction of the first cluster of Arada CBD immediately, with completion ...
Read More »A solid start for Sharjah real estate worth AED 7 bil. in Jan.
The Sharjah real estate achieved a solid and exceptional performance in the first month of 2025, as the volume of real estate transactions reached AED 7 billion during January, while the total number of transactions reached 11,116, and the total area traded in sales transactions reached 10.4 million square feet. Wide options to meet investors Generally, the Sharjah real estate ...
Read More »Sharjah and Neuchâtel explore innovation collaboration
To strengthen bilateral economic ties and expand investment opportunities, the Sharjah FDI Office (Invest in Sharjah) and the Consulate General of the UAE in Geneva co-hosted a high-profile business roundtable at The Chedi Al Bait Hotel, Sharjah; bringing together government officials, representatives of Business Councils, as well as investors and industry leaders from Sharjah and Neuchâtel. Serving as a platform ...
Read More »Sharjah Ruler establishes and regulates Sharjah Fashion Lab
His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and the Ruler of Sharjah, has officially issued an Emiri Decree to establish and regulate the Sharjah Fashion Lab. A new center named the “Sharjah Fashion Lab” is set to be established in Sharjah, as outlined in the decree. This center will possess a legal identity and the ...
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