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Sharjah GDP rises to AED92.7b in 2017

Sharjah’s gross domestic product (GDP) reached AED92.7b in 2017, increasing by an average of 4.7 per cent, according to figures released by the Sharjah Economic Development Department. Sultan Abdullah bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department, (SEDD) said that the increase in GDP reflects the wise vision of His Highness Sheikh Dr. Sultan bin Mohamed Al Qasimi, ...

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SEC reviews Sharjah’s GDP, gain insight into economic performance

His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, the Crown Prince and Deputy Ruler of Sharjah Chairman of the Sharjah Executive Council, led a meeting of the Council at the Ruler’s Office. The meeting was attended by His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of the Sharjah Executive ...

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Sharjah’s non-oil GDP exceeds $24bn in 2018

Sharjah Economic Development Department report says non-oil sectors account for 91.9% of the emirate’s total GDP Sharjah’s 2018 non-oil GDP hit AED89 billion ($24.2 billion), according a report issued by Sharjah Economic Development Department (SEDD), with all non-oil sectors accounting for 91.9 percent of the emirate’s total GDP. The report, cited by state news agency WAM, said that the transport, ...

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S&P lowers Sharjah credit rating, forecasts GDP growth for 2017-2020

Global credit rating agency Standard & Poor’s has lowered its long- and short-term foreign and local currency sovereign credit ratings on the Emirate of Sharjah from ‘A/A-1’ to ‘BBB+/A-2’ with a stable outlook. The agency attributed the change largely to an increase in government debt and slower than expected fiscal consolidation. S&P also forecasts faster economic growth in 2017, increasing ...

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Sharjah’s GDP growth rate could reach 13%

The Emirate of Sharjah’s gross domestic product (GDP) growth could reach 13 percent in 2014, according to comments made by Hussain Mohamed Al Mahmoudi, director-general of Sharjah Chamber of Commerce and Industry to UAE newspaper Khaleej Times. Al Mahmoudi informed the paper that the Chamber expected the emirate’s GDP to reach AED 113 billion (US$30.8 b) this year compared to ...

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Sharjah achieves strong 8% GDP growth in 2013

The emirate of Sharjah’s gross domestic product (GDP) grew by 8 percent during 2013, according to new statistics released by the United Arab Emirates Ministry of Economy this week. According to the Ministry, Sharjah’s economy fared well during the last global financial crisis and bounced back from -5 percent GDP downturn in 2009 to +4 percent GDP growth in 2010, 7 ...

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Alabbar at SIF-WIC 2025: manufacturing makes up 15% of UAE’s GDP and will power the next wave of national growth

In the presence of Her Highness Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq), an insightful discussion was led by H.E. Mohamed Alabbar at the eighth annual Sharjah Investment Forum – World Investment Conference (SIF–WIC 2025), during which he asserted that the manufacturing sector will define the next wave of growth in the ...

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Leading Sharjah government entities discuss building a future of sustainable innovation and global investment during SIF-WIC 2025

The second day of the Sharjah Investment Forum 2025, held in conjunction with WAIPA’s World Investment Conference (WIC), featured a high-level panel titled “Sharjah 2030: Driving Innovation, Investment, and Sustainable Growth,” sharing key insights and statistics that demonstrate Sharjah’s continued rise as a global hub for sustainable development, innovation, and investment. The panel brought together a group of distinguished leaders ...

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Sultan bin Ahmed Al Qasimi inaugurates joint 8th Sharjah Investment Forum & 29th WAIPA World Investment Conference

His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah; in the presence of Her Highness Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq); officially inaugurated the 8th Sharjah Investment Forum (SIF 2025) during a ceremony held at the Al Jawaher Reception and Convention Centre.   The two-day international ...

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Sharjah showcases economic visionary at AIM Congress 2025

 The Sharjah FDI Office (Invest in Sharjah) have concluded their participation at ‘AIM Congress 2025’, showcasing a wide range of sustainable and forward-thinking investment opportunities across major sectors including agricultural technology, smart industrial solutions, and cutting-edge health and education technologies. Throughout the three-day event; held from April 7 to 9 at the Abu Dhabi National Exhibition Centre (ADNEC); Invest in ...

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