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Sharjah FDI Office

Sharjah announces more hospitality and tourism sites will reopen

The emirate recently reopened spas, restaurants and beaches within hotels The Sharjah government has announced the second phase of its recovery efforts for the tourism and hospitality sectors. Activities in the emirate will return to 50%, with various businesses now allowed to reopen.The Sharjah Commerce and Tourism Development Authority (SCTDA) has been rolling out recovery efforts in stages, the first being ...

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Coronavirus: UAE eases restrictions on boating with 50 per cent cap

Sharjah and Dubai had earlier allowed boating and water sports competitions Restrictions on recreational and commercial boating have been eased across the UAE, as the country returns to normality during the coronavirus outbreak. Excursion boats, personal and commercial yachts can now operate with a passenger capacity limit of 50 per cent. Dr Saif Al Dhaheri, spokesman for the The National ...

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Housemaids will need good-conduct certificate to enter UAE, minister says

A trial with nannies and maids coming from Kenya is already under way Domestic workers of all nationalities will soon need a good-conduct certificate to enter the UAE. The ruling was announced by the labour minister during a virtual session of the Federal National Council on Tuesday. A trial with nannies and maids coming from Kenya is already under way. ...

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UAE To Suspend Flights From Pakistan

The United Arab Emirates’ General Civil Aviation Authority (GCCA) announced yesterday that it would temporarily suspend flights from Pakistan in light of its worsening COVID-19 situation. This suspension, effective Monday, will stand until a laboratory is set up for COVID-19 tests.   A precautionary measure The move is being made to ensure the health and safety of arrivals from Pakistan, with the GCCA ...

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Turkish Airlines, Air Arabia to resume flights in July

Civil aviation authorities clear the airlines to operate flights from Dhaka The Civil Aviation Authority of Bangladesh (CAAB) has decided to allow Turkish Airlines and Air Arabia to operate flights from Dhaka amid the Covid-19 pandemic. “Turkish Airlines will operate three flights on the Dhaka-Istanbul-Dhaka route and Air Arabia will operate two flights on the Dhaka-Sharjah-Dhaka route from the first ...

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Sharjah ranks among world’s high-growth start-up ecosystems, report says

Dubai ranked 18th in the world’s top 100 emerging start-up ecosystems Sharjah has ranked the top in high growth activation phase ecosystems in the newly launched Global Startup Ecosystem Report (GSER). The UAE’s northern emirate of Sharjah was ranked at the top spot in a list of high-growth activation phase start-up ecosystems globally, according to a new report. According to ...

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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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