feature | Sharjah Update

Shurooq outlines Sharjah’s case for Russian FDI

The array of opportunities for Sharjah and Russia to do business was the topic of discussion at a roundtable event organised by Sharjah Investment and Development Authority (Shurooq), which took place at Sharjah Chamber of Commerce and Industry yesterday. More than 100 businesspersons and representatives of Sharjah-based Russian companies attended the meeting, which was aimed at boosting bilateral cooperation between ...

Avenues Mall Sharjah to open in 2018

Line Investments & Property LLC this week confirmed plans to open a 43,000 sqm. (462.848 sq. ft.) gross leasable area shopping mall in Sharjah’s Samnan area, near to Industrial Area 5 and the Sharjah Cricket Stadium, by the end of 2018. Multiple new developments across Sharjah are expected to add over 3 million square feet (278,000+ sqm.) of shopping mall space ...

New recreation parks part of efforts to raise labour standards

Sharjah is to embark on an development project to create parks and recreation areas for several of its key industrial zones. The initiative follows recommendations from Sharjah Labour Standards Development Authority (SLSDA), which coordinates with government agencies and private enterprises in the emirate towards continually raising local labour standards. The SLSDA objectives include developing employment best practices and procedures, facilities ...

Al Majaz Waterfront new extension to be completed by year end

Sharjah Investment and Development Authority (Shurooq), has announced that it will finalise the new extension of Al Majaz Waterfront, one of Sharjah’s leading family and tourist destinations, by the end of this year. Costing a total of AED 35 million, the Phase Two extension project that is currently 90% complete will add 53,000 square feet to the total area of ...

Shurooq encourages Indian business to invest in Sharjah

Sharjah Investment and Development Authority (Shurooq) wrapped up its recent participation at the 2nd UAE – India Economic Forum 2016 (UIEF), which took place on October 19-20 at Madinat Jumeirah’s Mina A’Salam. Shurooq’s participation at UIEF, headlining as a platinum sponsor for its 2nd edition, resulted with a richer economic outlook on investments between Sharjah and India, and mapped-out its ...

Sharjah’s India trade marketing campaign shifts into high gear

Trade, investment and tourism from India have become a top priority for Sharjah, as its trade promotion organisations campaign widely to capitalise on growing interest in the emirate. Sharjah Commerce and Tourism Development Authority (SCTDA) and Hamriyah Free Zone both launched new marketing roadshows targeting India during the past few days, building on a busy year of promotion activities by Sharjah authorities. ...

Indian airlines ramp up Sharjah flights

Indian airlines are ramping up services connecting Sharjah with the subcontinent to meet growing demand, adding new routes to connect the emirate with key cities in India. Air India Express and Jet Airways have both launched new Sharjah routes this year catering to business travellers and tourists, plus Indian expatriates working in the UAE. Jet Airways introduced a new daily ...

SAM and Apleona to create new facilities management firm

Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, and global facilities management service provider Apleona (formerly Bilfinger Facility Management and Building Services), have signed a joint venture agreement to establish a new world class facilities management company headquartered in Sharjah. Apleona delivers services for the property lifecycle beginning with property investment and covering planning, construction and ...

Air Arabia ranked 3rd among top 50 airlines

Sharjah-headquartered Air Arabia PJSC (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has been ranked third in UK-based Airfinance Journal’s list of top 50 global airlines. The financial aviation intelligence magazine’s top 50 report evaluated the performance of 137 airlines based on a set of operational and financial parameters, including Total Revenue, Net Income, Passenger ...

Why invest in Sharjah?

By H.E. Sheikha Bodour Bint Sultan Al Qasimi As part of Shurooq’s ongoing efforts, I undertake many overseas travels to present the emirate of Sharjah as a lucrative investment and business destination. As I network with commercial leaders and global investors from around the world, I often see myself pausing to put myself in their position, asking myself the most important ...