Home / Economy (page 7)

Economy

SAIF Zone ends 2021 with significant achievements securing its position as major investment hub in the region

SHARJAH, 30th January, 2022 (WAM) — The Sharjah Airport International Free Zone Authority (SAIF Zone) has achieved a series of tremendous successes during 2021, strengthening its position as a major hub for trade, industry, and logistics services in the region. The directives and vision of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, ...

Read More »

UAE and Germany aim to boost trade, investment collaboration

The UAE and German officials during the meeting. Mariam Almheiri, UAE Minister of State for Food and Water Security, concluded a four-day trip to Germany, where she discussed potential areas of collaboration with local and state government officials. From June 29 to July 2, 2021, Almheiri led a delegation from the UAE on a visit that spanned three cities – ...

Read More »

Sharjah’s Bee’ah forms joint venture with Greek company to tackle marine pollution

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 ...

Read More »

Sharjah, Portugal explore prospects for cooperation in economic sectors

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 ...

Read More »

Sharjah Airport achieves ISO certification for security system

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 ...

Read More »

SSC launches flexible payment plans for property investment

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 ...

Read More »

Hamriyah Free Zone Authority: Smart solutions that serve and support local business

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 ...

Read More »

SHARJAH ACADEMY FORGES CLOSER LINKS WITH FTA

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 ...

Read More »

INTERVIEW: A Sharjah oilman’s view on the energy world

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 ...

Read More »

RAK Bank to close 25% of its branches next month

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 ...

Read More »