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Tag Archives: feature

BCI opens new plastics plant

Baalbaki Chemical Industries (BCI) has officially opened a new 15,000 square metre polyester and pre-polymer manufacturing plant in Sharjah’s Hamriyah Free Zone. The new production facility is the company’s first in the United Arab Emirates and adds 40,000 metric tonnes to the group’s capacity. Already a leading supplier of polyurethane systems and polyurethane raw materials, BCI has an existing production ...

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Port takes delivery of first Sharjah-built tug

Sharjah Port and Customs Authority has taken delivery of a new 80 foot harbour tug boat from Damen Shipyards Sharjah, for use at the emirate’s east coast Khorfakkan Port. The new Damen ASD Tug 2411, which is named Al Luolo’Aya, is the first ‘made in Sharjah’ tug to be put to work by the ports authority. Located in Hamriyah Free ...

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Sharjah puts halal tourism in the spotlight

The fourth OIC Halal Middle East, which is being held from 8 to 10 December at Expo Centre Sharjah, will shine a spotlight on the halal tourism industry. The new vertical segment of the show, Halal Tourism Middle East 2015, is expected to help the local and regional industry tap into the fast growing halal travel and tourism market. According ...

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Sharjah opens tourist-ready wetland conservation centre

The Wasit Wetland Centre in Sharjah’s 4.5 square kilometre Wasit Natural Reserve has been officially opened by His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah. The first project of kind in the region, the Wasit Wetland Centre and reserve reflects Sharjah’s aspirations to both protect the environment and to create a ...

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SAIF Zone expands to meet growing demand

Sharjah Airport International Free Zone (SAIF Zone) is constructing 127 new warehouses with a total area of 561,750 square feet within the Free Zone Industrial Park Area of the zone. The new warehousing is one of a number of expansion projects planned in response to the increasing demand facilities in the zone, which houses approximately 7,000 companies. SAIF Zone’s strategic location ...

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New industrial park to create thousands of jobs

Al Saja’a Industrial Oasis, one of the largest industrial projects in the region, could create more than 20,000 jobs according to developer Sharjah Asset Management. The development of the new 14 million square foot industrial estate near Sharjah International Airport was announced in October. Sharjah Asset Management expects that the total population of Al Saja’a Industrial Oasis will reach approximately ...

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Sheraton opens luxury Sharjah resort

Starwood Hotels & Resorts Worldwide, Inc. has formally announced the opening of the Sheraton Sharjah Beach Resort & Spa, marking its entry in the Emirate of Sharjah and bolstering Sharjah’s proposition for luxury tourism. The Sheraton Sharjah Beach Resort & Spa features 349 spacious guest rooms and suites, and provides panoramic views of the Arabian Gulf and the city of ...

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S&P reaffirms Sharjah’s A/A-1 sovereign credit rating

Global credit rating agency Standard & Poor’s has once again affirmed the Emirate of Sharjah’s A/A-1 sovereign credit ratings long- and short-term, foreign and local currency. These ratings were made on the basis of Sharjah’s strong nominal GDP (gross domestic product) growth, despite reports of a slow-down in the UAE’s non-oil business growth. S&P began assigning sovereign credit ratings for ...

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Air Arabia evaluating Indian airline acquisition

Sharjah-headquartered Air Arabia, the largest low-cost carrier operator in the Middle East and North Africa, has confirmed that it is considering an investment in FlyEasy, a new Indian budget airline that has yet to launch. According to the International Air Transport Association (IATA), India’s domestic airline business is currently the fastest growing in the world, showing a ​13.2 percent growth ...

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Sharjah operators scoop aviation awards

Sharjah-headquartered regional budget carrier Air Arabia and business aviation services operator, Gama Aviation Sharjah, were honoured at the recent Aviation Business Awards (ABA). Organised by magazine publisher ITP Ltd, the annual Aviation Business Awards celebrate the achievements of the Middle East aerospace industry over the past 12 months. Air Arabia was named both ‘Low Cost Airline of the Year’ and ...

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