Ajman Tourism Development Department (ATDD) and Sharjah Investment and Development Authority (Shurooq) signed a cooperation agreement at Arabian Travel Market 2015 in Dubai, to promote all tourism and cultural landmarks and historic sites in Ajman and Sharjah. Present at the signing ceremony were H.E. Faisal bin Ahmed Al Nuaimi, Director General of Ajman Tourism Development Department and H.E. Marwan bin ...
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New US$100m Sharjah luxury resort planned
A new US$100 million (AED 367m) art and culture themed 5-star luxury beachfront hotel and resort, the Majlis Grand Mercure Sharjah, is to be built on Sharjah’s corniche and managed by global hotel operator Accor. The new development was announced this week by H.E. Sheikh Sultan bin Ahmed Al Qasimi, chairman of Basma Group Sharjah and H.R.H. Prince Khaled bin ...
Read More »Shurooq announces Al Noor Island tourism attraction
Sharjah Investment and Development Authority (Shurooq) unveiled its plans for Al Noor Island at the Arabian Travel Market 2015 this week. The AED 80 million (US$23m) tourism and leisure project, which is currently under construction on the 45,470 square meter Al Noor Island in Khalid Lagoon in Sharjah, will combine nature, art and entertainment. Scheduled for completion in the fourth ...
Read More »Nasdaq Dubai listing for US$500m SIB sukuk
Sharjah Islamic Bank CEO Mohammed Abdulla rang the opening bell at Nasdaq Dubai on Sunday to celebrate the listing of US$500 million (AED 1.84 b) sukuk on the exchange. It is the second sukuk to be listed by Sharjah Islamic Bank (SIB) on Nasdaq Dubai , following a US$ 500 million listing in April 2013. Global sukuk issuance is expected ...
Read More »Shurooq set to take centre stage ATM 2015
Authority readies to unveil new premium tourism project and promote its diverse portfolio of world-class destinations The Sharjah Investment Development Authority (Shurooq) is set to participate in the upcoming 2015 Arabian Travel Market (ATM 2015) for the 5th time, which will be taking place at the Dubai International Convention and Exhibition Centre from the 4th to the 7th of May. ...
Read More »Air Arabia Jordan flights begin May 2015
Air Arabia Jordan, the new venture formed from Sharjah-headquartered Air Arabia’s acquisition of a 49 percent stake in Petra Airlines, will commence operations from its Amman Queen Alia International Airport base on Monday 18 May 2015. The Jordan venture’s services will start with direct flights to four countries in the region, strenghtening the group’s connectivity between Jordan and the Levant, Middle ...
Read More »Sharjah targets 10 million tourists by 2021
Sharjah Commerce and Tourism Development Authority (SCTDA) today announced Sharjah Tourism Vision 2021, a tourism development strategy that aims to attract more than 10 million tourists to the emirate by year 2021. The SCTDA’s strategic plan, which follows an indepth study of Sharjah’s tourism market, proposition for tourists and opportunities in the sector, is built on four key pillars. – ...
Read More »New Sharjah post codes deliver the goods for ecommerce
Phase one of Sharjah’s new post code system has been officially launched by Sharjah Urban Planning Council (SUPC) in the first step to provide emirate-wide local post codes, opening up new opportunities for ecommerce, retail and logistics providers. The new local post code system, developed by the Emirates Post Group, provides a key component for the door-to-door delivery of a ...
Read More »Sharjah to tender AED 526m of drainage & sewerage projects
Sharjah Directorate of Public Works is to tender for consulting firms to develop AED 526 million ($143.2 million) worth of sewer and storm-water drainage projects in the emirate. The plans follow an in-depth study conducted by Sharjah Urban Planning Council (SUPC) in collaboration with Sharjah Municipality, Sharjah Directorate of Public Works, Sharjah Directorate of Town Planning and Survey and international ...
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