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Sharjah banks report strong profit growth

Sharjah banks InvestBank (INVESTB), Sharjah Islamic Bank (SIB) and United Arab Bank (UAB) all announced strong profits for the first nine months of 2014. Investbank reported a six percent increase in net operating profit to AED 373 million (US$101m ), SIB reported a 33.5 percent increase in net profits to AED 295 million (US$ 80m), whilst UAB reported a 20 percent ...

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Al Ketbi: SEDC includes 200 manufacturing and exporting companies

Ali Abdullah Al Jari Al Ketbi, Director of the Sharjah Export Development Centre (SEDC) revealed that the centre and the permanent exhibition affiliated with the Sharjah Chamber of Commerce and Industry (SCCI), located in the main building of the Chamber, includes 200 manufacturing and exporting companies, out of approximately 3000 manufacturing companies in the emirate of Sharjah. He also said ...

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SRTI Park boosts UAE’s Industry 4.0 efforts with launch of Advanced Industry Accelerator 2.0

The Sharjah Research, Technology and Innovation Park (SRTI Park) has recently launched Sharjah Advanced Industry Accelerator 2.0 (SAIA) to boost the diversification of the national industrial base and contribute to the positioning of the UAE as an incubator of innovation and creativity In line with Industry 4.0, the accelerator program will provided local and regional start-ups with innovative solutions and ...

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Shurooq unveils new beach development projects valued at Dh197m

  Al Luluyah in Khorfakkan and Al Hira in Sharjah city combine the best of fitness and adventure to offer unrivalled beach experiences for residents, tourists, and holidaymakers Shurooq aims to support the diversification of Sharjah’s economy, boost GDP growth, and offer increased investment opportunities in various sectors The Sharjah Investment and Development Authority (Shurooq) has announced the launch of ...

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Why the UAE’s focus on food security is at the core of post-coronavirus recovery plans

Marwan Jassim Al Sarkal, executive chairman of Shurooq, the Sharjah Investment and Development Authority, shares his vision of how the UAE and Sharjah are winning over current challenges by fueling growth in vital sectors and harnessing homegrown technologies Marwan Jassim Al Sarkal, executive chairman of Shurooq, the Sharjah Investment and Development Authority Even as the UAE continues on its path ...

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Shurooq Gearing Up for Major Announcements at ITB Berlin 2019

The Sharjah Investment and Development Authority (Shurooq) will be announcing exclusive business management updates and the latest behind its cultural and eco-tourism tourism profile at the 53rd edition of ITB Berlin, which will take place from 6-10 March. Shurooq will be among the top 10,000 companies and organisations from over 180 countries, who have confirmed participation at the international travel ...

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Al Thuriah completes handover of Sahara Tower 4

Sharjah-based Al Thuriah Properties has announced the final handover of its AED 295 million (US$ 81m), 33-storey Sahara Tower 4 to home owners. The 3.1 million square foot (288,000 sqm.) mixed-use Sahara Complex on Sharjah’s Al Nahda Street, near to the border with Dubai, will ultimately have six residential towers. Construction of Sahara Towers 1 to 5 is already completed ...

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Euromoney Emirates 2017 delegates urged to embrace the innovation economy

The Euromoney Emirates 2017 Conference has told business leaders and financiers from around the region that they need to prepare themselves for a financial revolution as global commerce and consumer spending heads toward cashless societies and the world turns to innovative economies. In a series of bold predictions and stark warnings, eminent speakers at the two-day conference told delegates that ...

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Experts gather to discuss investment’s role in creating an innovative economy

Investment, finance and government leaders will meet in Sharjah next month to discuss the role of investment in developing an innovative economy. Held under the patronage of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and hosted by ‘Invest in Sharjah’, the Government of Sharjah’s FDI office, the UAE’s first Euromoney ...

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Shurooq meets high-level Canadian delegation to discuss trade & investment

Sharjah’s business links with the world’s second largest country was the topic on the table when Sharjah Investment and Development Authority (Shurooq) hosted a trade meeting with a delegation from Canada. The roundtable event saw the two parties assess an array of initiatives that have the potential to lead to significant mutual benefits for Canada and the UAE. Aimed at ...

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