News

Statistics from financing programmes results provided by Sharjah Entrepreneurship Foundation “Ruwad”, affiliated with Sharjah Economic Development Department (SEDD), during 2024 show that 13 entrepreneurial projects received financing services totaling AED 2,860,000. This is part of the financing and support services the foundation provides to national small and medium-sized enterprises (SMEs) in the Emirate of Sharjah. This brings the total number ...

Ahmed Obaid Al Qaseer, Executive Director of the Sharjah Investment and Development Authority (Shurooq), affirmed that the authority is keen to promote its distinguished and unique hotel and tourism projects at the Arabian Travel Market (ATM) exhibition. The offerings comprise five unique hotels within the Sharjah Collection, along with “Rahhal” placed in the Khor Kalba mountains, the LUX Hotel located ...

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has directed the allocation of AED 2.5 million to provide public and governmental libraries across the Emirate with the latest publications from Arabic and international publishers participating in the 16th edition of the Sharjah Children’s Reading Festival. This initiative continues His Highness’s longstanding commitment ...

The real estate trading value in the Emirate of Sharjah has reached AED 13.2 billion during the first quarter of 2025, with a growth rate of 31.9% compared to the same period in 2024, as it amounted to approximately AED 10 billion. The number of transactions executed by the department reached 24,597, with a growth rate of 4.8% compared to ...

Sharjah Islamic Bank (SIB) commenced the year 2025 with strong financial performance during the first quarter, achieving a net profit after tax of AED 318.9 million, an increase of 24.6% compared to AED 255.9 million in the first quarter of 2024. Income from investments in Islamic financing and sukuk grew by AED 56.2 million, or 6.6%, reaching AED 914.3 million ...

Under the banner of “Innovate in Sharjah,” the Sharjah FDI Office (Invest in Sharjah) and the Sharjah Research, Technology and Innovation Park (SRTIP) participated in InnoEX 2025 in Hong Kong. The participation also explored avenues for collaboration in technology, innovation and research. The delegation presence highlighted the emirate’s advanced infrastructure, business-friendly environment, and competitive edge in advanced industries. Held during ...

His Excellency Hussain Al Mahmoudi, CEO of the Sharjah Research, Technology and Innovation Park (SRTIP), announced the launch of a flying car project during a morning business meeting organised by the Park. The event brought together leading entrepreneurs and representatives of diplomatic missions in the UAE. Al Mahmoudi confirmed that the initiative reflects the emirate’s commitment to adopting smart and ...

The Arab League Educational, Cultural, and Scientific Organisation (ALECSO) awarded His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Arab Cultural Merit—First Class—on April 17, 2025, in the inaugural edition of this distinguished honour. Abdullah bin Mohammed Al Owais, Chairman of the Sharjah Department of Culture, accepted the award on His Highness’s ...

BEEAH, a leading sustainability and innovation company, signed a Memorandum of Understanding (MoU) with Sharjah Sustainable City, the emirate’s first sustainable residential community, developed in collaboration between Sharjah Investment and Development Authority (Shurooq) and Diamond Developers. The MoU was signed by Yousef Ahmed Al Mutawa, Executive Director of Real Estate at Shurooq, and Fahad Ali Shehail, Chief Sustainability Officer at ...

Arada has completed another 120 homes at Aljada through the completion of The Gate, the two-building complex located at the entry point of AED35 billion megaproject in Sharjah. The Gate offers a variety of one-bedroom, two-bedroom and three-bedroom apartments, all equipped with smart home features. The two buildings were completed at the end of 2024, and handovers are now under ...