Sharjah Economic Development Department has launched a new one-stop-shop for investors setting up businesses in the emirate. The new government Investor Services Centre, aims to significantly reduce the amount of time taken to establish a business in Sharjah, while increasing the level of service offered to commercial investors. The new service centre is one of a number of initiatives undertaken by Sharjah ...

According to a new report by international real estate consultancy Cluttons, while Sharjah’s office rental market saw no growth during the July, August, September period, rents are expected to rise during the last quarter of the year due to growing demand for A grade office space. Some prime commercial locations saw a lowering of rental costs during the third quarter. ...

Global credit rating agency Standard & Poor’s has affirmed the Emirate of Sharjah’s A/A-1 sovereign credit ratings long- and short-term, foreign and local currency, on the basis of Sharjah’s strong economic growth and the government’s solid fiscal management. The rating agency also confirmed that it expected Sharjah’s economic growth to continue. S&P gave its first ever sovereign credit rating for ...

Heads of government departments and authorities are to meet in Sharjah on Sunday to discuss how the emirate can best meet the needs of business investors. Organised by Sharjah Investment and Development Authority (Shurooq) under the patronage of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, the Sharjah Forum will focus ...

Sharjah banks InvestBank (INVESTB), Sharjah Islamic Bank (SIB) and United Arab Bank (UAB) all announced strong profits for the first nine months of 2014. Investbank reported a six percent increase in net operating profit to AED 373 million (US$101m ), SIB reported a 33.5 percent increase in net profits to AED 295 million (US$ 80m), whilst UAB reported a 20 percent ...

The Sharjah Investment and Development Authority (Shurooq) has announced AED 7.2 billion in investments across 52 groundbreaking projects and experiences, transforming over 60 million square feet throughout the emirate. This announcement comes as Shurooq marks 15 years since its inception, highlighting a journey defined by sustainable growth, community impact, and cultural preservation. Rather than simply expanding its footprint, Shurooq has ...

His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, the Crown Prince, Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council, presided over a meeting of the Council, on Tuesday, at the Ruler’s office. In attendance were His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, the Deputy Ruler of Sharjah, and the Deputy Chairman of ...

A packed roster of workshops, dialogues, and masterclasses are underway at the Sharjah Investment Forum (SIF 2024), taking place on September 18 & 19. Business leaders, industry experts, and government officials have shared key takeaways with students, professionals and other forum attendees across key topics like innovation, consumer behaviour, bilateral trade and more, within the context of AI and its ...

Ali Abdullah Al Jari Al Ketbi, Director of the Sharjah Export Development Centre (SEDC) revealed that the centre and the permanent exhibition affiliated with the Sharjah Chamber of Commerce and Industry (SCCI), located in the main building of the Chamber, includes 200 manufacturing and exporting companies, out of approximately 3000 manufacturing companies in the emirate of Sharjah. He also said ...

The Sharjah Research, Technology and Innovation Park (SRTI Park) has recently launched Sharjah Advanced Industry Accelerator 2.0 (SAIA) to boost the diversification of the national industrial base and contribute to the positioning of the UAE as an incubator of innovation and creativity In line with Industry 4.0, the accelerator program will provided local and regional start-ups with innovative solutions and ...