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Sharjah FDI Office

Sharjah Islamic Bank records 55% increase in use of online services

Sharjah Islamic Bank (SIB) recently recorded a 55 per cent increase among users of digital channels and smart services, while the number of digital services and banking application users surged by 35 per cent compared with the same period last year. The increase in dependency on digital services for cash management, was observed since the outbreak of Covid-19 limited access ...

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Sharjah rolls out Dh4bn stimulus to support businesses amid Covid-19

The Sharjah liquidity support mechanism will help boost liquidity of local banks and enable them to lend to businesses Sharjah’s finance department initiated a Dh4 billion liquidity support mechanism for banks on Tuesday to help businesses affected by the coronavirus pandemic. Issued as 12-month dirham-denominated paper in several tranches, the Sharjah liquidity support mechanism (SLSM) sukuk represents the first rated ...

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SCCI announces completion of 15% of 10th industrial zone project

The Sharjah Chamber of Commerce & Industry (SCCI), has recently announced the completion of 15 per cent of the infrastructure development project for the 10th industrial zone in Sharjah. The project is held under the patronage of His Highness Sheikh Dr Sultan Bin Muhammad Al Qasimi, Member of the UAE Supreme Council and Ruler of Sharjah, and in collaboration with ...

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Sharjah reopens popular entertainment destinations including hotels and beach

Locations that are now open include Al Qasba, Al Majaz Waterfront, Khor Fakkan Beach and the Maraya Art Centre The Sharjah Investment and Development Authority (Shurooq) has announced that a number of Sharjah entertainment destinations and hotels are now open again thanks to the completion of a sterilisation and disinfection drive in the emirate. These include Al Qasba, Al Majaz ...

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Sharjah Airport marks new milestone

A new milestone was marked by Sharjah Airport as it received the “Green Airport” Silver recognition 2020, which acknowledges airports’ achievements in environmental projects. Within the preservation of the environment programme issued by the Airports Council International (ACI) Asia-Pacific region, this accreditation is a testament to Sharjah Airport’s innovative advances in the field of water management and recycling. The appreciation ...

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Air Arabia announces new repatriation flights

Special flights will operate from Sharjah to Egypt from June 11 to June 16. Air Arabia has announced that it will operate new outbound only repatriation flights from Sharjah to Egypt to allow Egyptian nationals now in the UAE to return home. The special flights will operate from Sharjah International Airport to Cairo International Airport and Borg El Arab International ...

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SCCI to reinforce competitiveness of the private sector companies

The Sharjah Chamber of Commerce & Industry (SCCI) represented by the Sharjah Excellence Award Office, organised recently an online workshop entitled ‘the global assessment principles adopted by the European Foundation for Quality Management (EFQM)”. The workshop highlighted the most important principles for effective and successful assessment, the most important global excellence models and institutional assessment phases, and the characteristics of ...

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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 Consultative Council completes ‘We’ll get through this’ campaign

SHARJAH, 7th June, 2020 (WAM) — The Sharjah Consultative Council, SCC, represented by the Financial, Economic and Industrial Affairs Committee, today announced the conclusion of the campaign, entitled, “We’ll get through this.” The campaign aimed to highlight the stimulus package approved by the Sharjah Government to support governmental and private entities, business sectors and individuals, and reflects the importance of ...

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Sharjah Ruler orders free COVID-19 tests government employees

The tests will be performed at Sharjah Chess Club from 9am to 1pm daily Sharjah: His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, ordered that all government employees in the emirate who are expected to return to work should have a free COVID-19 test. These tests will be done at ...

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