Recent Posts

Sharjah ups public sector wages

The Government of Sharjah is to increase the minimum salary of government employees to AED 11,000 per month (US$ 2,995), while retirees will also be ensured a minimum monthly income of AED 11,000. The move is part of several initiatives to provide stability and security for Emirati employees launched by His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Member ...

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2015 World Forum for FDI Video

The 2015 World Forum for Foreign Direct Investment took place in Sharjah, United Arab Emirates from 8-10 February, drawing policy makers, corporate investors, FDI experts and government officials from all over the world. Hosted by the Sharjah Investment and Development Authority (Shurooq) and organised by Conway Events, the Sharjah 2015 edition of the forum marked the first time that the ...

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Air Arabia 2014 net profit up 30%

Sharjah-headquartered Air Arabia (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has announced a net profit of AED 566 million (US$ 154m) for 2014, up 30 percent on its net profit for 2013. The airline’s turnover for 2014 increased by 17 percent to AED 3.7 billion (US$ 1b), driven by growth in passenger numbers. Air ...

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