Economy

The new company plans to process waste streams such as sludge and convert it into alternative fuel for use in the industrial sector Environmental management company Bee’ah and Greek company Polygreen have agreed to form a joint venture to tackle marine pollution and protect the environment. The new company, Evogreen, has already established an alternative raw materials unit within Bee’ah’s ...

The Sharjah Chamber of Commerce & Industry, organised on Wednesday, in collaboration with the Portugal Global – Trade & Investment Agency (AICEP), the Sharjah-Portugal Business Forum, which aims to highlight joint investment opportunities and explore prospects for cooperation and bilateral partnerships in various economic sectors. The forum is also considered a perfect opportunity for businessmen in both countries to meet ...

In line with its strategic plan and goal to provide high quality international services, Sharjah Airport Authority has celebrated a new achievement by being awarded the ISO certificate for the global information security management system once again. The certificate has been issued for a period of three years, following an audit and evaluation process where all procedures and regulations were ...

Sharjah Sustainable City (SSC), a Sharjah Investment and Development Authority (Shurooq) project, has announced the launch of flexible and competitive payment plans to encourage people to own residential units in the first fully-sustainable residential community in Sharjah. The project aims at promoting the concept of social sustainability by establishing community outreach programmes that ensure a safe, healthy, and cultural lifestyle ...

In conversation with Saud Salim Al Mazrouei, Director, HFZA Established in 1995, Hamriyah Free Zone (HFZA) proudly welcomes over 6,500 companies from 163 countries, testament to its standards of service, state-of-the-art infrastructure and broad range of permissible business activities. The free zone sits on a 30 million square metre site in Sharjah, capitalising on its unique location with ports on ...

Discussions taking place between representatives of the AASTMT’s Sharjah branch and FTA Land & Maritime The Sharjah branch of the Arab Academy for Science, Technology and Maritime Transport (AASTMT) has commenced talks which it hopes will lead to formal collaboration with the UAE’s Federal Transport Authority – Land & Maritime (FTA). This intention of the planned joint working is to ...

SNOC CEO explains how US shale will be big loser from price wars The Sharjah National Oil Co. (SNOC) is not one of the big beasts of the global oil world, certainly in comparison with its giant neighbors such as Saudi Aramco or the Abu Dhabi National Oil Co. (ADNOC). As the SNOC’s CEO Hatem Al-Mosa admits, its production disappears ...

The National Bank of Ras Al Khaimah (RAK Bank) will shut down nine branches from next month as demand for digital banking grows among the UAE residents. The lender will close six branches in Dubai and one each in Sharjah, Khor Fakkan and Abu Dhabi from September 3, 2020. In Dubai, branches in Al Ras, Mirdiff, Marina Diamond, Al Quoz ...

The Sharjah FDI Office, Invest in Sharjah, an affiliate of the Sharjah Investment and Development Authority, Shurooq, organised an interactive business webinar via the Zoom platform on Tuesday, 21st July, 2020, to introduce emerging opportunities in various high-potential sectors to investors and businesses from the United States, US. With 462 US companies currently operating in Sharjah – 200 onshore and ...

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 ...