News

SHARJAH – The Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, has signed a Memorandum of Understanding (MoU) with the Hamriyah Free Zone in Sharjah and the Sharjah Airport International Free Zone (SAIF) to provide financial support to small and medium-sized enterprises (SMEs) and startups operating in either of the free ...

Sharjah Chamber of Commerce & Industry (SCCI) launched the new annual Sharjah Excellence Award 2022 cycle, held under the patronage of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, reflecting the SCCI’s efforts to develop Sharjah’s investment environment and enhance the competitiveness of the UAE and Gulf business communities, enabling them to ...

Sharjah: The Sharjah Research, Technology and Innovation Park (SRTI Park) is on track to become the region’s largest and most advanced 3D printing technology platform, with major international companies and specialized startups establishing their presence there. SRTI Park, the incubator of futuristic technologies, features large multidisciplinary laboratories offering cutting edge technologies and the most advanced industrial machines in the field ...

The meeting was chaired by Mohamed Ibrahim Al-Raisi, Director of Ports and Border Points Affairs, Chairman of the Committee, along with ranking police officers and top officials. The Committee discussed several topics and reviewed the evaluation of the workflow at the ports during the Eid al Fitr holiday, and discussed the most prominent challenges and points of improvement, and expressed ...

Sharjah Museums Authority (SMA) is celebrating 25 years since the inauguration of Sharjah Art Museum, which first opened its doors in April 1997 to preserve and promote arts. The purpose-built museum which offers free entry to all, is surrounded by old traditional buildings that are preserved by the government of Sharjah as part of its mission to pass on the ...

Arada Developments, the largest developer in the UAE’s Sharjah, has hired banks to arrange a debut sale of US dollar-denominated Islamic bonds, a document showed on Tuesday. Dubai Islamic Bank Emirates NBD Capital and Standard Chartered Bank were hired as joint global coordinators. For the latest headlines, follow our Google News channel online or via the app. They are joined ...

The Sharjah Commerce and Tourism Development Authority (SCTDA) disclosed all that’s happening in Sharjah’s tourism projects and all that’s coming up at the Arab Travel Market (ATM) this year, going on at the Dubai World Trade Center from May 9 to 12. A press conference was held at the Sharjah Pavilion at ATM 2022, which saw His Excellency Khalid Jasim ...

  Dubai: Here are the options – build a G+X story hotel building. Or invest in re-developing a heritage site or one out in the desert into an eco-tourism spot. There are no prizes for guessing which one the Sharjah Investment & Development Authority (Shurooq) will choose. “I don’t think we have developed even one hotel project in the G+X ...

The Sharjah Commerce and Tourism Development Authority (SCTDA) has announced plans to participate in the 29th Arabian Travel Market (ATM 2022), taking place May 9-12 at the Dubai World Trade Centre. The Authority joins several of its strategic partners at the Sharjah Pavilion at ATM 2022, which SCTDA will use as a platform to showcase the latest developments taking place ...

Sharjah-based developer Arada has completed the issuance of a $350m sukuk, which has been listed on the London Stock Exchange. The dollar-denominated sukuk was priced at par with a coupon of 8.125 per cent, inside the initial guidance area of 8.25 per cent for a spread of 530 bps over Treasuries. The five-year fixed rate RegS debut sukuk issuance was ...