Economy

As part of its efforts to enhance and stimulate the entrepreneurship environment in the Emirate of Sharjah, the Sharjah SME “Ruwad” announced the launch of the industrial sector financing programme, with a financing ceiling of up to 800 thousand dirhams, in addition to other advantages related to the grace period and payment methods. His Excellency Hamad Ali Abdullah Al Mahmoud, ...

Sharjah’s real estate has recorded a high volume of real estate transactions during November 2024, which reached AED 4 billion, and with a total number of 4,606 transactions covering 20.4 million square feet. With these strong statistics and the directives of the wise leadership, Sharjah continues to consolidate its position as a vital real estate center and one of the ...

His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, the Crown Prince and Deputy Ruler of Sharjah Chairman of the Sharjah Executive Council, led a meeting of the Council at the Ruler’s Office. The meeting was attended by His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of the Sharjah Executive ...

The real estate market in Sharjah continues its strong growth in 2024. According to a report on the “Real Estate Transactions” issued by Sharjah Real Estate Registration Department. According to the report, October witnessed the highest real estate transaction volume from the beginning of the year, reaching AED 4.4 billion across 4,883 transactions, with a total of 14 million square ...

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, attended the unveiling of the National Investment Strategy 2031 at the UAE Government Annual Meetings 2024 in Abu Dhabi. Convening on ...

The Sharjah Executive Council (SEC) held its weekly meeting, chaired by Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council (SEC), at the Sharjah Ruler’s Office, during which the SEC approved the implementation of the first phase of the ‘Middle Line Project’ for draining rainwater and groundwater. The ...

The Hamriyah Free Zone Authority (HFZA) in Sharjah has clinched three prestigious international awards at the 11th edition of Global Free Zones of the Year awards 2024 by fDi Intelligence, recognising the most promising free zones across the world. The accolades showcase HFZA’s growing reputation as a top investment destination and business hub in the Middle East. HFZA was ranked ...

Sharjah Economic Development Department (SEDD) released its Annual Report for the year 2023, showcasing its success in achieving exceptional growth in the targets of accelerating economic activities of all kinds. In 2023, the volume of issued and renewed business licences grew by 4.1 percent, totalling 66,365 licences. Issued licences made up 11.7 percent, while renewed licences comprised the majority at ...

Hamad Ali Abdullah Al Mahmoud, the Chairman of the Sharjah Economic Development Department, emphasized the crucial role that successful innovative projects led by Emirati citizens play in ensuring the ongoing and progressive economic transformation in Sharjah. His comment was made in reference to the report on the results of the first half of 2024 issued by the Sharjah Foundation for ...

Sheikh Abdullah bin Salem bin Sultan Al Qasimi, the Deputy Ruler of Sharjah, and the Deputy Chairman of the Sharjah Executive Council, chaired the council meeting held at the Ruler’s office this Tuesday morning. During the meeting, the council discussed several topics on the agenda related to developing government work, various initiatives to reduce plastic waste, and supporting small and ...