Economy

The Sharjah Investment and Development Authority (Shurooq) has reported exceptional results across its real estate portfolio, with total investments and partnerships reaching AED 5.8 billion and 96.4% in units sold across three flagship developments – Maryam Island, Sharjah Sustainable City, and Ajwan in Khorfakkan. Together, these projects comprise 4,520 units, of which 4,358 have been sold to local and international ...

His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, Chairman of Sharjah Executive Council (SEC), chaired on Tuesday morning the Council’s regular meeting, held at the Ruler’s Office. The meeting was attended by His Highness Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of the ...

Sharjah’s real estate sector set a new historical record in November 2025, with total transactions reaching AED 9.5 Billion, the highest monthly figure ever recorded in the emirate’s history, highlighting its exceptional growth. This unprecedented performance reflects the strength of Sharjah’s economic momentum and the real estate market’s capability to deliver record-breaking results over the years, reaffirming its position as ...

The Sharjah Chamber of Commerce and Industry (SCCI) recorded a strong performance and significant growth across key metrics during the first half of 2025, reporting more than 37,000 new memberships and membership renewals, marking a growth of over 12 percent compared to the same period in 2024, which registered 33,000 memberships. The combined export and re-export values of registered member ...

The Sharjah Chamber of Commerce and Industry (SCCI) reaffirmed its dedication to supporting Sectoral Business Groups under its umbrella to ensure optimal performance and promote high-impact initiatives. These efforts aim to enhance competitiveness and attract new investments. The Chamber highlighted these groups as vital partners in achieving its strategic objectives and fostering sustainable economic growth across Sharjah. This commitment was ...

The total number of issued and renewed business licenses in Sharjah during the first half of this year reached 37,356, with a growth rate of 8% compared to the same period last year, according to data released from Sharjah Economic Development Department “SEDD”. Such data revealed the most significant developments and events witnessed by the economic sectors in Sharjah, as ...

The Project Financing Committee of the Sharjah Foundation for Supporting Entrepreneurial Projects, known as Ruwad, recently held its 35th meeting. This meeting was led by Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department. Committee members included Saeed Ghanem Al Suwaidi, Faisal Jassim Al Midfa, Fahad Al Khamiri, Dr. Mudthar Abdullah, and Noura Al Zarouni. Also present ...

His Highness Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler and Deputy Chairman of the Sharjah Executive Council (SEC), chaired the council meeting on Tuesday morning at the Ruler’s Office, in the presence of His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler and Deputy Chairman of the Executive Council. The meeting discussed several agenda ...

Sharjah Economic Development Department (SEDD) launched “Instant Licence” service in order to promote investments and attract investors to the Emirate. This service was launched after obtaining the approval from the Sharjah Executive Council with the aim of enabling investors and entrepreneurs to issue a commercial licence immediately without the need to attach the Memorandum of Association or a signed lease ...

The UAE ranked 10th globally in 2024 for foreign direct investment (FDI) inflows, bringing in a record Dhs167.6bn ($45.6bn), a 48 per cent increase from the previous year, according to the United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report 2025. The country accounted for 37 per cent of all FDI inflows into the region, reinforcing its position as ...