Sharjah Update

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Shurooq, Eagle Hills unveil concepts for new Sharjah real estate projects

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, today unveiled three ground-breaking real estate …

Real Estate

Sharjah World Music Festival 2018 in pictures

Festivals

Sharjah Islamic Bank issues AED 266.8 million convertible sukuk

Related Articles<p><b>Sharjah Islamic Bank (SIB)</b> has issued a AED 266.8 million (US$ 73m) convertible sukuk equivalent to 10 percent of the bank’s share …

United Arab Emirates

New Year's Eve 2018 in Sharjah

Festivals

ARADA confirms AED1 billion loan for Sharjah mega-project

Related Articles<p><b>ARADA</b> has arranged an Islamic syndicated loan of AED1 billion (US$ 274m) as financing for its the 24 million square foot …

Real Estate

Sharjah's achievements set stage for further economic growth in 2018

Related Articles<p>Improving oil prices, narrowing deficits and continued public spending are expected to support economic growth averaging 2.5 percent …

Real Estate

First shopping mall opens in Al Madam

Related Articles<p>Al Badayer Shopping Mall has been opened in the town of Al Madam on the Dubai-Hatta road, the first purpose-built air-conditioned …

United Arab Emirates

Sharjah World Music Festival 2018 to begin on 13 January

Related Articles<p>The fifth edition of the most anticipated annual music event in the emirate, the <b>Sharjah World Music Festival (SWMF)</b> is back to …

Festivals

'Invest in Sharjah' leads Sharjah government FDI workshop

Related Articles<p>Sharjah FDI office <b>‘Invest in Sharjah’</b>, the promotional investment arm at <b>Sharjah Investment and Development Authority (Shurooq)</b>, has …

AED 22 billion Sharjah 2018 budget announced

Related Articles<p>H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Law No. 10 2017 approving a …

Indigo to launch two more Sharjah routes

Related Articles<p><b>IndiGo</b>, India’s largest budget-carrier, will introduce non-stop flights to Sharjah from Lucknow (LKO) and Hyderabad (HYD) starting 29 …

Moody's affirms Sharjah's A3 credt rating with stable outlook

Related Articles<p>Global credit rating agency <b>Moody’s Investors Service</b> has affirmed the long-term issuer rating for the Government of Sharjah at A3 and …

Sharjah-Japan event discusses business and trade opportunities

Related Articles<p>As Sharjah continues its extensive drive to build a wider global base of economic allies and investors, government entities, …

SEWA mulls BOT contract for Hamriyah power plant project

Related Articles<p><b>Sharjah Electricity and Water Authority (SEWA)</b> is evaluating details of an independent power project (IPP) for Hamriyah power station …

Sharjah Ruler issues royal decree forming SRTIP board of directors

Related Articles<p>His Highness Dr. Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued royal decree no. 15 of …

United Arab Emirates

New Anantara Sharjah Resort planned for 2020

Related Articles<p>Sharjah’s <b>Basma Group</b> and property developer <b>ARADA</b> have signed a management agreement with luxury hospitality group <b>Minor Hotels</b> to …

Hospitality

MoU paves way for more Sharjah businesses to list on DFM

<b>Dubai Financial Market (DFM)</b> today announced it has signed a Memorandum of Understanding (MoU) with <b>Sharjah Investment and Development Authority</b> …

Stock Markets

Sharjah Hospitality Industry Forum takes place on December 4th

Related Articles<p>Sharjah will host the <b>4th Hospitality Industry Forum</b> on 4 December 2017 at <b>Sharjah Chamber of Commerce and Industry (SCCI)</b>, bringing …

Sharjah Ruler approves 3.3km beachfront development

Related Articles<p>His Highness Dr. Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the Sharjah Beach …

Crescent Enterprises announces $150m venture capital division

Related Articles<p>Sharjah-headquartered diversified holding company <b>Crescent Enterprises</b> has announced the launch of its new corporate venture capital …

Sharjah to give 10% of digital projects to startups and SMEs

Related Articles<p>The Government of Sharjah aims to award 10 percent of all digital transformation projects to start-ups and SMEs (small and …

Air Arabia to lease six A321neo long-range jets

Related Articles<p>Sharjah-headquartered <b>Air Arabia PJSC</b> <b>(AIRARABI:DFM)</b>, the largest low-cost carrier operator in the Middle East and North Africa, has …

Sharjah's Emirates Industrial City 75% leased out

Related Articles<p>Seventy-five percent of Sharjah’s <b>Emirates Industrial City (EIC)</b> has now been leased, according to a a report in the UAE’s <b>Khaleej</b> …

Mleiha unveils new 'Time Machine' family packages

Related Articles<p><b>Mleiha Archaeological and Eco-tourism Project</b>, a premier tourism and leisure destination from <b>Sharjah Investment and Development</b> …

Ecotourism

Shurooq engages global travel trade at WTM London

Related Articles<p><b>Sharjah Investment and Development Authority (Shurooq)</b> has concluded its participation at the World Travel market London, which …

Shurooq appoints eco-hospitality specialist Mantis to manage ‘Sharjah Collection’

Related Articles<p><b>Sharjah Investment and Development Authority (Shurooq)</b> has revealed that <b>Mantis Collection</b>, the owner of some of the world’s finest …

Hospitality

Al Islami Foods opens its largest factory in the Middle East

Related Articles<p>Leading UAE halal food manufacturer <b>Al Islami Foods</b> has opened its biggest food production facility in the Middle East in Sharjah’s</b> …

Sharjah to host largest Entrepreneurship Festival in the UAE

Related Articles<p>Sharjah Entrepreneurship Center, <b>Sheraa</b>, conducted a press conference to announce the launch of the largest entrepreneurship festival …

World's third largest book fair opens in Sharjah

Related Articles<p>With more than 1.5 million book titles and 1,650 publishing houses from 60 countries, <b>Sharjah International Book Fair (SIBF)</b> opened …

Invest in Sharjah engages with Canadian investors in Toronto

Related Articles<p>The Emirate of Sharjah delegation participating in the <b>Toronto Global Forum 2017</b> invited businessmen and investors in Canada to expand …