Business

The Sharjah Investment and Development Authority (Shurooq) has signed an agreement with Afhad Holding LLC to activate a 15,095-square-metre plot in Kshisha into a new retail destination, marking a key step in expanding commercial infrastructure across Sharjah’s growing residential districts. Located in Kshisha 1, the project will be developed on Shurooq-owned land and operated by Afhad Holding as a long-term ...

The Sharjah FDI Office (Invest in Sharjah), in collaboration with PwC, convened leading public and private sector entities to assess the emirate’s investment position and identify opportunities emerging from global economic shifts.   The high-level seminar was held at Al Bait Al Westi in the historic Heart of Sharjah and carried the theme “Sharjah’s Economic Resilience: Unlocking Opportunities Amid Global ...

The Sharjah FDI Office (Invest in Sharjah), in collaboration with PwC, convened leading public and private sector entities to assess the emirate’s investment position and identify opportunities emerging from global economic shifts. The high-level seminar was held at Al Bait Al Westi in the historic Heart of Sharjah, and carried the theme “Sharjah’s Economic Resilience: Unlocking Opportunities Amid Global Shifts.” ...

The Sharjah Economic Development Department (SEDD) announced that the emirate’s economy maintained its strong performance in April 2026, with 6,440 economic licences issued and renewed, marking a 3 per cent increase compared with the same period last year. The department reported that the number of renewed licences reached 5,843, with 597 new licences issued in April, reflecting continued economic activity ...

The Sharjah Airport International Free Zone Authority (SAIF Zone) has unveiled a major new expansion within its dedicated logistics and warehousing district, “U2”, with the addition of 56 new warehouses spanning a total area of nearly 340,000 square feet. The expansion raises the total number of warehouses across the Free Zone to approximately 2,500 and forms part of the Authority’s ...

The Sharjah Ports, Customs and Free Zones Authority has launched an integrated logistics corridor, developed in coordination with Oman Customs, as part of an advanced logistics system designed to strengthen connectivity between the Emirate of Sharjah and Omani ports via land borders. The logistics corridor is aimed at enhancing the efficiency and sustainability of regional supply chains, improving the flow ...

The Sharjah FDI Office (Invest in Sharjah) has reported strong foreign direct investment performance in 2025, with the emirate recording a 45% year-on-year increase in project numbers, an 8.8% rise in capital investment, and 25.7% growth in job creation compared with 2024. The results underscore Sharjah’s expanding role as a competitive investment destination and reinforce its position on the global ...

Air Arabia reported a net profit of AED 278 million for the first quarter ending March 31, 2026, with revenues of AED 1.8 billion and 4.7 million passengers carried. The airline said results were achieved despite operational challenges linked to regional disruptions, while maintaining stable performance supported by strong demand and efficient capacity management. Air Arabia, the Middle East and ...

Dana Gas PJSC, a leading natural gas company in the Middle East, and UK-based advanced materials company Levidian have signed a memorandum of understanding during “Make it in the Emirates” to develop the Sharjah Graphene Hub. The initiative is based in the Emirate of Sharjah and aims to manufacture advanced materials and expand their commercialisation. The agreement was signed during ...

Industrial investment into Sharjah has surpassed AED 3.51 billion across 99 projects in the past five years, including AED 1.6 billion from 31 projects in 2025, according to fDi Markets data from the Financial Times. The figures were announced by Sharjah FDI Office (Invest in Sharjah) at Make it in the Emirates 2026, held in Abu Dhabi from May 4 ...