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Sharjah initiates Dhs4 billion liquidity support to counter impact of virus

A breathtaking view of the Sharjah Corniche. The authorities in Sharjah and across the region are taking the required measures to provide maximum assistance to all businesses. The Sharjah Finance Department, SFD, recently established a framework worth Dhs4 billion to enhance liquidity for the banking system in the emirate. The move aims to provide additional financial assistance to all businesses ...

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Sharjah records 3% increase in hotel guests in 2019

The Sharjah Commerce and Tourism Development Authority, SCTDA, revealed that the emirate recorded a three percent growth in the number of hotel guests in 2019 as compared to 2018. The sector welcomed approximately 1.8 million guests last year with a hotel occupancy rate of 66 percent. Guests from the Russian Federation topped the list, followed by GCC countries such as ...

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Discovery of new gas field to bolster Sharjah’s economy

The Mahani gas discovery is poised to boost Sharjah’s strategic position as a reliable supplier.gas Imran Mojib, Special Correspondent A number of officials, specialists and experts have stressed that the discovery of a new gas field in Sharjah will significantly enhance the Emirate’s economic resources and support the economic development and goals of the Emirate. Sharjah remains one of the ...

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Invest in Sharjah invites Chinese firms to explore Emirate’s capacity

As part of its continuous and strategic support of Sharjah-China bilateral relations, the Sharjah FDI Office (Invest in Sharjah), in association with Sharjah Media City (Shams), organised the first-ever Sharjah-Shenzhen Business Seminar on June 28, 2019, in Shenzhen, China. The seminar’s attendees included a large sum of senior government and business officials from Shenzhen’s private and public sector. The seminar ...

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Sharjah FDI Office Hosts First Sharjah–Sweden Business Roundtable

The Sharjah FDI Office (Invest in Sharjah) organised the first Sharjah-Sweden Business Roundtable on Tuesday, exploring interests with Swedish business powerhouses, and to introduce emerging prospects in a variety of sectors attractive to Swedish investors. Among the sectors highlighted were logistics, environment, technology and innovation, healthcare, education and research, start-ups, SMEs – each of which have been playing increasingly important ...

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AED 41 Billion Sharjah’s Industrial Production Worth in 2018

According to the report issued by Sharjah Economic Development Department “SEDD”, the industrial production of Sharjah reached 41 billion dirhams last year. Therefore, the Department attained great achievements and results in the area of industrial licenses indicator through 2018 whereas the number of issued industrial licenses grew by 14% in 2018 compared to 2017 with 174 licenses issued, and 1890 ...

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Sheraa And Sharjah Chamber Of Commerce & Industry sign MoU to boost local entrepreneurship

Continuing to play a key role in educating, guiding and supporting new entrepreneurs across the emirate, the Sharjah Entrepreneurship Center (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI), have signed a Memorandum of Understanding (MoU) to further develop the entrepreneurship ecosystem. The MoU, signed by H.E Najla Al-Midfa, CEO of Sheraa, and H.E Abdallah Sultan Al Owais, Chairman of ...

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Sharjah FDI Forum 2018 showcases UAE’s competitiveness which combines best of developed and emerging markets

Mohamed Juma Al Musharrkh, CEO of the Sharjah FDI Office underscored that among the diversified set of topics the forum will cover is UAE’s position at the global investment map and discuss the best of developed and emerging markets. Stressing upon adaptability, he elucidated that staying abreast of technology, lifestyles, and changing managing systems is the solution. He also explained: ...

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The Fourth Edition of Sharjah FDI Forum kickstarts in December

Region’s leading FDI forum held under the patronage of His Highness the Ruler of Sharjah As global economies transition from readying themselves for the Fourth industrial revolution, to devising frameworks and capital markets that pave way for a profitable and sustainable future, the 4th Sharjah FDI Forum, slated to take place on 10 and 11 of December, under the patronage ...

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