News

Low-cost carrier Air Arabia reported a net profit of Dh801 million, an increase of 78 per cent compared to Dh451 million registered in the corresponding first half of 2022. In the same period, the airline posted a turnover of Dh2.82 billion, a 26 per cent increase year-on-year. More than 7.7 million passengers flew with Air Arabia between January and June ...

It’s been a busy start to the year for members of the Sharjah Business Women Council (SBWC), who have made big leaps in their journeys of learning and business networking, expanding their professional horizons comprehensively in the first six months of 2023. SBWC has continued to drive its successful efforts to empower its thriving member community of 2,000+ business women ...

The Real Estates Sector Business Group, operating under the Sharjah Chamber of Commerce and Industry (SCCI), has discussed with the Sharjah FDI Office (Invest in Sharjah) ways to promote lucrative real estate investment projects in Sharjah and invigorate the local real estate sector. The discussions were held during a coordination meeting attended by notable figures, including Saeed Ghanem Al Suwaidi, ...

IHG Hotels and Resorts has signed a management agreement with Sharjah Asset Management (SAM), the investment arm of the Sharjah government, to bring a voco hotel to Sharjah in the UAE. The property which is scheduled to open in 2027 is the first IHG hotel announced for Sharjah. The 191-key property will be located near the Sharjah Golf and Shooting Club on ...

Amidst spearheading global travel recovery, the Middle East’s ambitious tourism goals come across as pragmatic rather than overly ambitious, backed by strategic capacity building efforts A Report We’ve been Reading…Skift’s State of Travel report 2023 adds interesting insights into the Middle East’s travel sector. What we learned: Except aviation, the performance of all sectors – hotels, vacation rentals or car rentals – have surpassed 2019 levels in the Middle East. While ...

Dubai’s Roads and Transport Authority (RTA) is set to resume the operation of the marine transportation line via Dubai Ferry between Dubai and Sharjah starting Friday, August 4th, 2023. The marine transport service will be running eight journeys a day from Monday-Thursday (weekdays), and six journeys from Friday-Sunday (weekends). This marine service, the first of its kind connecting Dubai with ...

The real estate sector in Sharjah achieved a trading value of AED13.4 billion during the first half of 2023, with an increase of 19.2 percent compared to the same period last year. According to the semi-annual report issued by the Sharjah Real Estate Registration Department on the real estate in the emirate, there were 40,843 transactions in the first half ...

The UAE President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, and Japanese Prime Minister Fumio Kishida, on his first state visit to the UAE, took bilateral relations to new heights with the exchange of several memoranda of understanding (MoUs) and agreements. Building upon the historic ties of 50 years, and the UAE-Japan Comprehensive Strategic Partnership announced last year, the ...

Japanese Prime Minister Fumio Kishida visited the United Arab Emirates on Monday as part of a swing through the Arab Gulf states focused on energy and commerce. He met with Sheikh Mohammed bin Zayed Al-Nahyan, the president of the UAE, which will be hosting the COP28 U.N. climate summit later this year. A joint statement said they were committed to ...

Sheikh Abdullah Bin Zayed Al Nahyan, Minister of Foreign Affairs, today received Nabil Ammar, Tunisia’s Minister for Foreign Affairs, Migration and Tunisians Abroad, in Abu Dhabi. The meeting discussed ways to strengthen UAE-Tunisia ties and cooperation across economic, trade and investment fields. Sheikh Abdullah underscored the deep-rooted relations between their countries, and affirmed that the UAE stands by the Tunisian ...