Business

Phase one of Sharjah’s new post code system has been officially launched by Sharjah Urban Planning Council (SUPC) in the first step to provide emirate-wide local post codes, opening up new opportunities for ecommerce, retail and logistics providers. The new local post code system, developed by the Emirates Post Group, provides a key component for the door-to-door delivery of a ...

Sharjah Directorate of Public Works is to tender for consulting firms to develop AED 526 million ($143.2 million) worth of sewer and storm-water drainage projects in the emirate. The plans follow an in-depth study conducted by Sharjah Urban Planning Council (SUPC) in collaboration with Sharjah Municipality, Sharjah Directorate of Public Works, Sharjah Directorate of Town Planning and Survey and international ...

Sharjah Investment and Development Authority (Shurooq) and the Arab-British Chamber of Commerce (ABCC) have signed a Memorandum of Understanding in London to encourage, promote and facilitate investment and development cooperation among the business communities in Sharjah and the United Kingdom. The MoU was signed by HE Marwan bin Jassim Al Sarkal, CEO of Shurooq and Dr Afnan Al-Shuaiby, Secretary General ...

Five new real estate developments are currently under study by the Sharjah Real Estate Registration Department that aim to benefit from recent changes in the emirate’s real estate laws. Sharjah updated is property ownership laws last year to allow foreign expatriates living in the United Arab Emirates to purchase 100 year leaseholds in real estate zones designated by the government. According to ...

Technomak Energy International FZC, the pipe and steel structure manufacturing subsidiary of the Technomak engineering group, has announced a US$75 million (AED 275m) expansion to its facility in Sharjah’s Hamriyah Free Zone. The new facility will allow the company to double production capacity by 2017, creating more than 800 new jobs. Technomak Energy, which registered as a Hamriyah Free Zone ...

Hamriyah Free Zone Authority (HFZA) took its proposition to NPE2015, the world’s largest international plastics trade shows and conferences in Orlando, Florida, as part of the free zone’s effort to bring new firms to its 380,000 square meter Food, Plastics and Packaging Park and grow Sharjah’s plastics industry. Held every three years, the plastics industry trade show attracts 60,000 professionals from ...

Sharjah will showcase investment opportunities for local and global businesses and investors at the 5th edition of Annual Investment Meeting (AIM) from 30 March – 1 April 2015 at the Dubai International Convention and Exhibition Centre. Sharjah Investment and Development Authority (Shurooq) is a Silver Sponsor of the annual event. AIM is an emerging markets FDI-focused event established by the UAE ...

Global port terminal operator Gulftainer, recorded an 8 percent growth in container volume in 2014, handling a total of 6.4 million twenty-foot-equivalent units (TEUs) across its global operations portfolio. Gulftainer is a wholly-owned subsidiary of Sharjah-based Crescent Enterprises and operates Sharjah Container Terminal (SCT) located at Port Khaled in the heart of the city of Sharjah, Khorfakkan Container Terminal (KCT) ...

Expo Centre Sharjah chief executive officer Saif Mohammed Al Midfa has been elected as the chairman of Arabian Gulf Chapter of the International Association of Exhibitions and Events (IAEE), the leading association for the global exhibition industry. The IAEE’s Gulf chapter represents the region’s US$1.3 billion (AED 4.8b) meetings, incentives, conferences and exhibitions (MICE) industry. IAEE is the largest association ...

Sharjah Investment and Development Authority (Shurooq) and Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, have signed an MoU to promote Sharjah’s strategic projects and brands across the globe. The MoU, signed by Mr Adel A. Ali, Group Chief Executive Officer, Air Arabia, and HE Marwan bin Jassim Al Sarkal, CEO of Shurooq, ...