Tag Archives: FDI

Sharjah Investment and Development Authority (Shurooq) has announced that the Sharjah Pavilion at the Annual Investment Meeting (AIM) 2016 has successfully showcased Sharjah’s distinctive investment ventures to government officials, decision-makers and international investors at the leading global economic event, which is organised every year by the UAE Ministry of Economy. Sharing the pavilion with Shurooq were the Sharjah Chamber of ...

Sharjah Investment and Development Authority (Shurooq) has announced that it will silver-sponsor the Annual Investment Meeting (AIM) 2016, the global economic event which is organised annually by the UAE Ministry of Economy in Dubai. Participating with Shurooq is a promising line-up from the Sharjah government representatives at the forum, these include the Sharjah Economic Development Department (SEDD), Sharjah Chamber of ...

Investors from Great Britain will have the opportunity to find out about the advantages of doing business in Sharjah thanks to a special business–to-business (B2B) forum being held in the country’s capital, London. Organised by Sharjah Investment and Development Authority (Shurooq) under the banner ‘Sharjah Day,’ the April 8 event will introduce British investors and businesspersons to prominent opportunities in ...

The United Arab Emirates is the world’s third strongest country brand, according to the annual Nation Brand survey carried out by London-based consultancy Brand Finance. The UAE ranks after Singapore and Switzerland in the evaluation of the world’s top 100 nation brands, with a brand value of US$ 403 billion (AED 1.48 trillion). While the USA topped the Nation Brand ...

Sharjah Investment and Development Authority (Shurooq) plans to invest AED 5 billion (US$ 1.4b) in tourism development projects by the year 2018, in Sharjah city, Sharjah’s east coast and in island resorts. HE Marwan bin Jassim Al Sarkal, CEO of Shurooq, recently revealed the authority’s multi-billion investment plans in an interview with UAE newspaper Al Ittihad. Shurooq was established by ...

Sharjah Investment and Development Authority (Shurooq) has been named the Top Investment Promotion Agency in Middle East in the 2015 Best to Invest Awards by Site Selection magazine, in recognition of its outstanding efforts in attracting foreign direct investment and driving Sharjah’s growth. The Top Agency Awards recognise excellence at national and regional economic development offices globally in areas such as ...

Sharjah Investment and Development Authority (Shurooq) and Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, have signed an MoU to promote Sharjah’s strategic projects and brands across the globe. The MoU, signed by Mr Adel A. Ali, Group Chief Executive Officer, Air Arabia, and HE Marwan bin Jassim Al Sarkal, CEO of Shurooq, ...

India’s largest manufacturer of polymer emulsions for paints and coatings, textiles and adhesives has officially opened a new US$ 51 million (AED 187m) emulsions plant in Sharjah’s Hamriyah Free Zone Authority (HFZA) commencing operations in April. Visen Industries Ltd. (VIL) is the market leader in India with regular customers like Asian Paints, Berger Paints, Kansai Nerolac and Jotun Paints. The ...

Abu Dhabi, Dubai, Ras Al Khaimah and Sharjah were listed among the world’s top cities in ‘Economic Potential’ by the 2014/2015 Global Cities of the Future report produced by fDI intelligence, a division of the Financial Times (FT) specialising in foreign direct investment. Abu Dhabi and Dubai were listed in the report’s overall Top 25 cities list, while Sharjah and ...

Foreign direct investment (FDI) into the United Arab Emirates grew by 25 percent in 2014 to more than US$13 billion (AED 47.75b), equivalent to 5 percent of the nation’s gross domestic product (GDP), according to the Minister of Economy Sultan Bin Saeed Al Mansouri. The Minister made the remarks at the opening of Sharjah 2015, the twelfth World Forum for ...