News

‘Invest in Sharjah’, Sharjah FDI office’s flagship driver for promoting investment opportunities in the emirate and a subsidiary of Sharjah Investment and Development Authority (Shurooq), recently concluded its participation at the Arab Aviation Summit in Jordan on 5 and 6 December 2016. This came as part of Invest in Sharjah’s efforts to shed light on the myriad investment opportunities within ...

The fourth edition of Sharjah World Music Festival will run from the 6–14 January 2017 in celebration of the best Arabic and Western musicians and bands from 13 countries. [Click to view Sharjah World Music Festival 2017 in pictures] Organised by Furat Qaddouri Music Centre and sponsored by Sharjah Investment and Development Authority (Shurooq), the festival’s concerts will take place at ...

Global business aviation services company Gama Aviation has announced plans for its new purpose-built, integrated business aviation complex at Sharjah International Airport, scheduled to open in mid-2018. The company disclosed architectural concepts for its Sharjah fixed-base operations (FBO) at the Middle East and North Africa Business Aviation Association (MEBAA) Show held in Dubai this week. Gama has registered a 12 percent ...

The latest annual credit analysis from Moody’s Investors Service, which rates Sharjah’s government at an A3 long-term credit rating with a stable outlook, reports that the emirate’s debt burden and debt affordability remain low and compare well with its peers, despite the economic pressures on fiscal metrics. Moody’s also expects the emirate’s nominal GDP growth to remain firmly in positive ...

Firework display commemorates UAE National Day at Al Qasba (click to view full size)

Sharjah is building a new 4 million square foot (370,000 sqm.) exhibition and conference centre in Al Tai district, near the intersection of Emirates Road and Mleiha Road. Sharjah Book Authority (SBA) revealed recently that next year’s Sharjah International Book Fair will move to the new venue in order to expand its area from 25,000 square metres (269,098 sq. ft.) ...

Sharjah Investment and Development Authority (Shurooq), in collaboration with the Sharjah Department of Public Works, has announced the commencement of an AED 16 million (US$ 4.4m) rejuvenation and expansion project at the Flag Island, one of Shurooq’s touristic landmarks and premier destinations in Khalid Lagoon. The project includes the development of a Flag Square and its surrounding areas by adding ...

The Sharjah FDI office ‘Invest in Sharjah’, an investment promotion agency under the umbrella of Sharjah Investment and Development Authority (Shurooq), has underlined its exceptional business advantages at the seventh edition of the Al Dana Ferguson Forum. Themed ‘Bahrain – The Smart Hub / Gateway for Global and GCC Investments & Industries’ the forum, which took place from 22-23 November ...

Lamprell, a leading provider of fabrication, engineering and contracting services to the energy industry based in Sharjah and listed on the London Stock Exchange (symbol: LAM), has won a landmark US$ 225 million (AED 826.5m) contract from UK wind energy developer ScottishPower Renewables. Under the contract, Lamprell will fabricate up to 60 steel foundation jackets for the energy provider’s flagship East ...

Sharjah-headquartered Air Arabia PJSC (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has confirmed options for five additional Airbus A320 aircraft. The delivery of original contract covering 44 firm orders and 5 options will be completed in 2017. The five new Airbus A320 aircraft will be put into service starting second quarter 2017 backlog and ...