News

Air Arabia posted a net profit of AED 355 million in the first quarter of 2025, marking a 34% increase compared to AED 266 million in Q1 2024. The strong performance reflects the airline’s ongoing network expansion and growing presence in regional and international markets. Revenue and passenger growth The airline’s revenues reached AED 1.75 billion, up 14% from the ...

The Sharjah Investment and Development Authority (Shurooq) has announced AED 7.2 billion in investments across 52 groundbreaking projects and experiences, transforming over 60 million square feet throughout the emirate. This announcement comes as Shurooq marks 15 years since its inception, highlighting a journey defined by sustainable growth, community impact, and cultural preservation. Rather than simply expanding its footprint, Shurooq has ...

Sharjah’s real estate sector had a strong performance during April 2025, recording 7,206 transactions with a trading value of AED 4 billion across various areas of the emirate. The total traded area of sales transactions reached approximately 10.3 million square feet, which reflects the continued momentum and growth in Sharjah’s real estate market. Dynamic transformation reflecting the market’s growth the ...

Bank of Sharjah has announced a strong start to 2025, posting a net profit of AED 116 million for the first quarter ended March 31, 2025, marking a 45% increase compared to AED 80 million in Q1 2024. The solid performance follows the Bank’s remarkable turnaround in 2024 and reflects continued momentum driven by sound strategy, disciplined risk management, and ...

Sharjah Airport International Free Zone (SAIF Zone) has further strengthened its position as a premier destination for innovative investment with the opening of a first-of-its-kind facility in the Middle East, the first industrial enzyme production facility. Established by “BeeyahTech Chemicals Industries FZC”, the cutting-edge plant spans over 8,600 square feet and involves a total investment of approximately AED 6.00 million. ...

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved a new leave policy in the Sharjah government called “Care Leave.” This leave is granted to female employees who give birth to a sick child or a child with disabilities requiring a constant companion. The leave will commence after the end of ...

Sharjah Airport achieved new growth milestones in the first quarter of 2025, welcoming over 4.5 million passengers, an 8% increase compared to the same period last year, further solidifying its position as one of the region’s leading air travel hubs and a preferred destination for passengers from around the world. The airport also recorded more than 27,000 aircraft movements, handled ...

The Sharjah Investment and Development Authority (Shurooq) has announced the completion and addition of Al Rayaheen Retreat in Khorfakkan to the Sharjah Collection during its participation at Arabian Travel Market (ATM 2025). The announcement follows an ongoing extensive restoration and redevelopment programme, carried out in collaboration with the Sharjah Institute for Heritage, to be completed by the end of Q2 ...

As the UAE and Mexico mark 50 years of diplomatic relations in 2025, the Sharjah FDI Office (Invest in Sharjah) and the Mexican Business Council convened the ‘Sharjah-Mexico Business Roundtable’ at the House of Wisdom to identify strategic growth opportunities in SME financing, logistics, real estate, and automotive manufacturing; and explore the vast investment and commercial prospects Sharjah offers to ...

Arada has officially launched Nest Hotel, the master developer’s first homegrown hospitality brand, which promises a vibrant and affordable experience with a blend of comfort, community and convenience. A midscale brand, Nest Hotel was launched during Arabian Travel Market (ATM) 2025, the leading travel and tourism exhibition taking place at the Dubai World Trade Centre from 28 April-1 May. The ...