• Sharjah real estate transactions hit $844 million in February: Report

    Sharjah, UAE -- Sharjah witnessed real estate deals worth AED 3.1 billion ($844 million) in February 2023, according to the Real Estate Transactions and Mortgages Movement report issued by the Sharjah Real Estate Registration Department. The report said the results indicate that the real estate sector in Sharjah continues to...
  • SPC Free Zone to provide licenses within 45 minutes

    SHARJAH, UAE - Sharjah Publishing City Free Zone (SPC Free Zone) has announced an expedited business setup process, allowing businesses to obtain their licenses within just 45 minutes across an extensive selection of 1,500 business activities to choose from. Aspiring business owners, especially those in the publishing, creative sectors, and...
  • Sharjah Taxi transports 1.465m passengers in Q1 2023

    Sharjah, UAE - Sharjah Taxi reports successful transport of 1.465 million passengers during the first quarter of 2023. With a fleet of 750 vehicles of various models and brands, the company remains committed to ensuring passenger satisfaction, safety, and comfort. Khalid Al Kindi, the Executive Director of Sharjah Taxi, emphasized...
  • Sharjah and Uzbekistan explore investments in tourism, education sectors

    Sharjah, UAE-- Sharjah and Uzbekistan are looking to ramp up cooperation in trade and pour investments in sectors such as education, research and tourism. In this regard, the Department of Government Relations (DGR) in Sharjah hosted a high-level meeting with leading diplomats from the Republic of Uzbekistan recently to explore...
  • Bybit partners with Sharjah varsity to boost crypto adoption in UAE

    Sharjah, UAE - Bybit, the world’s third most visited crypto exchange, will contribute AED 1 million ($272,257) via a partnership with the American University of Sharjah (AUS) in a move to advance crypto adoption in the UAE. The partnership will see the establishment of a scholarship fund that is likely...
  • SEWA concludes extension of ‘crucial’ pipeline to supply fresh water

    Sharjah, UAE-- In order to supply water from Al Zubair station to Al Shanouf suburb, Sharjah Electricity Water and Gas Authority (SEWA) has concluded the extension project of a crucial main pipeline with a diameter of 800mm. This significant endeavour, initiated in mid-July 2022, utilised environmentally friendly materials to ensure...
  • Sharjah Chamber concludes successful 5-day trade mission to India

    SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has successfully concluded its trade mission to India after five days of fruitful meetings and discussions with Indian business and industrial associations in New Delhi and Mumbai. The trade mission, organized by the Sharjah Exports Development Center, visited New...
  • Jewels of Emirates continues to attract visitors on third day

    SHARJAH, UAE- The fourth edition of Jewels of Emirates Show at the Expo Center Sharjah has so far seen record footfall as it runs into its third consecutive day. The event received an overwhelming response from visitors, with exhibitors unveiling a stunning array of exclusive and rare jewelry pieces. It...
  • Jewels of Emirates Show begins in Sharjah

    SHARJAH, UAE - The fourth edition of the Jewels of Emirates Show, the first Emirati exhibition dedicated to diamond jewelry, gold, silver, pearls, luxury watches, and perfumes commenced here on Thursday. The Expo Center Sharjah with the support of the Sharjah Chamber of Commerce and Industry (SCCI) is hosting the...
  • UAE-India Business Forum discusses investment opportunities

    SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has embarked on a landmark trade mission to India, marking a significant step in strengthening economic ties between the two nations. The trade mission's first leg commenced with the highly successful UAE-India Business Forum held in Mumbai, India's bustling...
  • Sharjah’s Waste-to-Energy Project promotes renewable energy

    SHARJAH, UAE - The Sharjah Waste-to-Energy Project, the first of its kind in the Middle East, has strengthened its efforts to divert waste from landfills and contribute to the production of clean energy. Since its launch one year ago, the plant has increased its waste diversion rate from 76 percent...
  • Sharjah group to discuss trade boost with India in five-day trip

    SHARJAH, UAE- The Sharjah Chamber of Commerce and Industry (SCCI) will embark on a trade mission to India on Monday to explore investment opportunities and discuss potential areas for cooperation. Organized by the Sharjah Exports Development Centre (SEDC), Abdullah Sultan Al Owais, Chairman of the SCCI, will lead the mission,...
  • Sharjah set to hold second UAE-China Tyre & Auto Parts Expo

    Sharjah, UAE--More than 130 auto and tyre companies from China will take part in the second edition of the "UAE China Tyre & Auto Parts Expo" scheduled to begin next week at the Expo Centre Sharjah. The three-day event, which will begin on 29th May, is a joint endeavour supported...
  • SPC Free Zone signs contracts with publishers from Sweden, Egypt and Algeria

    Sharjah, UAE--The Sharjah Publishing City Free Zone (SPC Free Zone) has signed more than 10 partnership agreements with publishers from Sweden, Egypt, and Algeria. The foreign publishers are looking to benefit from SPC Free Zone's comprehensive services and ecosystem that cater to investors in the publishing and creative industries, enabling...
  • Brazilian group seeks trade, investment boost with UAE

    Sharjah, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) organized the UAE-Sao Paulo Business Forum on Thursday, marking a significant stride towards fostering economic relations between the UAE and Brazil. During the forum, the two sides discussed joint efforts and investment opportunities available in both cities, focusing prominently...
  • Sharjah witnesses 22% population growth to 1.8mn, reveals census

    Sharjah, UAE-- The emirate of Sharjah has seen a 22 percent growth in population to 1.8 million inhabitants, as against 1.4 million in 2015, according to the results of Sharjah Census 2022. The findings of the census were unveiled by Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, deputy ruler...
  • Upcoming Jewels of Emirates Show set to be largest in its history

    Sharjah, UAE - The upcoming fourth edition of the Jewels of Emirates Show, the UAE’s first of its kind showcasing diamond jewelry, gold, silver, and luxury watches, is set to become the largest in the event's history. Sharjah Expo Centre has organized the event scheduled to run from June 1-4,...
  • SCCI discusses trade with Guatemalan, Indonesian delegations

    SHARJAH, UAE -   The Sharjah Chamber of Commerce and Industry (SCCI) has discussed strengthening trade and economic ties with diplomatic delegations from Guatemala and Indonesia. The discussions focused on amplifying bilateral relations in industry, agriculture, food security, livestock and broadening trade exchanges and organizing events to promote local products and...
  • Sharjah event discusses anti-money laundering practices

    SHARJAH, UAE - Sharjah Economic Development Department (SEDD) organized multiple workshops for legal purposes and a number of investors and owners of economic establishments operating in the emirate attended the events. The workshops were on “Real Beneficiary Procedures and their Administrative Penalties” as well as “Anti-Money Laundering Procedures, Required Documents...
  • Sharjah Chamber to send India bound trade group on 29 May

    SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) announced it will be sending a trade mission to India from May 29 to June 2, 2023. Led by the SCCI's Sharjah Exports Development Center, the initiative aims to bolster economic and trade cooperation, foster mutual investment, and establish...
  • Sharjah Chambers reviews efforts to bolster UAE’s food security

    Sharjah, UAE-- Sharjah Chamber of Commerce and Industry (SCCI) has reviewed the UAE efforts to achieve and maintain the food security in the country. In this connection, the newly restructured Foodstuff Trade and Industry Sector Business Group, operating under the umbrella of the Sharjah Chamber of Commerce and Industry (SCCI),...
  • Sharjah’s GDP grows 5.2% to $37bn in 2022

    Sharjah, UAE - Sharjah's GDP has grown by 5.2 percen to AED 136.9 billion ($37.05 billion) compared to AED 130.1 billion ($35.13 billion) in 2021.  The non-oil sector has reported a 5.2 percent increase, bringing the total to AED 133.4 billion  (36.08 billion) in 2022 compared to AED 126.8 billion...
  • Bank of Sharjah to boost capital

    The US$218mn capital infusion will foster bank's growth.
  • Sharjah exhibits futuristic tourism technologies at ATM 2023

    Sharjah, UAE-- Sharjah showcased its technology-enabled approach to the tourism industry at the Arabian Travel Market (ATM) 2023, highlighting the future of tourism in the region and beyond. Sharjah pavilion at the event demonstrated cutting-edge technologies and groundbreaking concepts, offering a compelling glimpse into the emirate's tourist destinations. Run by...
  • UAE and Lithuania Chambers agree to set up Business Council

    Sharjah, UAE -- The UAE Federation of Chambers of Commerce and Industry (FCCI) and its Lithuanian counterpart have signed an MoU to establish the first UAE-Lithuanian Business council besides strengthening economic relations and increase investment flow between the two countries. The MoU was signed at the UAE-Lithuania Business Forum organized...
  • Sharjah okays Genetic Coding Program to classify emirate’s biodiversity

    Sharjah, UAE - The Sharjah Executive Council (SEC) approved Tuesday the "Genetic Coding Programme" project to classify biodiversity in Sharjah, the first of its kind in the region. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the SEC approved the program....
  • Over 3.8m passengers transit through Sharjah Airport in Q1 of 2023

    SHARJAH, UAE -  Over 3.8 million passengers traveled through Sharjah Airport in the first quarter of 2023, recording a 28.01 per cent increase over the same period in 2022. The airport is expected to achieve even higher growth rates by the end of 2023.   The aircraft movement for the...
  • Almost 8,000 participants to take part in Sharjah’s 10th Charity Marathon

    SHARJAH, UAE- The 10th Annual Charity Marathon, expected to attract over 8,000 runners from all segments of society, is all set to commence on Sunday at 4 pm, local media reports said. The runners are likely to include students from schools and universities, members of sports clubs, patients from hospitals,...
  • Dana Gas approves cash dividend

    The total dividend payout will be $171 million.
  • HFZA showcases Sharjah as attractive investment destination at India Steel 2023

    SHARJAH, UAE -  India is among the UAE's most significant investment partners, with substantial mutual investments. Iron and steel rank among the top commodities exported from the UAE to India, the director of Hamriyah Free Zone Authority (HFZA) said. HFZA director made the remarks after the team successfully participated in...
  • Arada to create Middle East’s first new sustainable water treatment

    SHARJAH, UAE- Arada is investing in a new research and development (R&D) facility here, bringing a new form of sustainable water treatment to the UAE, and the Middle East, for the first time. Arada's joint venture agreement is with Hungarian water tech firm Biopolus, Sharjah Research Technology and Innovation Park...
  • Sharjah records real estate transactions worth $462m in March

    Sharjah, UAE -- A total of 3,386 real estate deals worth AED1.7 billion ($462 million) were recorded in Sharjah in March 2023, according to the Mortgage Movement Report by Sharjah Real Estate Registration Department (SRERD). A total of 595 sales transactions representing 17.6 percent of the deals, while 319 mortgage...
  • Bank of Sharjah profit soars

    Total equity increased by 7 percent to $930 million. 
  • Dana Gas proposes dividend

    The company had reported a net profit of $182 m for 2022.
  • SEWA discusses water desalination technologies for sustainability

    SHARJAH, UAE - Sharjah Electricity, Water and Gas Authority (SEWA) participated in a discussion on modern and innovative technologies in water desalination and their contribution to achieving sustainability. The discussion was a part of the Water Desalination Projects Forum in the Middle East and North Africa, held in Abu Dhabi....
  • Air Arabia to pay 15% dividend

    The shareholders approved dividend after record growth.
  • Empowering women open doors of possibility for communities to reach new heights: Sheikha Bodour

    The American University of Sharjah (AUS) President was taking part in an event, "Breaking the Glass Ceiling: Women in Business for a Sustainable Tomorrow," which is one of a series of events AUS is holding in celebration of International Women's Day under the theme "Embrace Equality."
  • Sharjah Consultative Council approves  heritage policy

    SHARJAH, UAE -  The Sharjah Consultative Council (SCC) approved recommendations regarding the policy of the Sharjah Institute for Heritage (SIH), during its 10th session. Ali Mehd Al Suwaidi, SCC Chairman chaired the session.The council's work began with the ratification of the minutes of the ninth session, after which the SCC...
  • SAIF Zone Al Ansari Exchange ink pact, offer new payment service

    SHARJAH, UAE - The Sharjah Airport International Free Zone (SAIF Zone) has signed a cooperation agreement with Al Ansari Exchange, to introduce a new payment service and enhance customer experience. The newly signed partnership will allow SAIF Zone’s investors and clients to conveniently pay fees at any of Al Ansari...
  • Expo Center Sharjah wraps up successful Paper One Show

    SHARJAH, UAE - Expo Center Sharjah (ECS) wrapped up the eighth edition of Paper One Show on a high note. The exhibition managed to cement its leading position as one of the key regional events specialized in the paper industry. The event's eighth edition which was organized by Al-Furat Fair...
  • Crescent Petroleum inks three contracts to develop oil, gas fields in Diyala, Basra

    The agreements will deliver much needed natural gas to fuel nearby power plants, creating thousands of new jobs in Diyala and Basra.
  • Sharjah, Costa Rica explore trade, food security

    SHARJAH, UAE - Chairman of the Department of Government Relations (DGR) in Sharjah Sheikh Fahim Al Qasimi recently met with Minister of Foreign Trade and Investment of Costa Rica Manuel Tovar Rivera to discuss strengthening collaboration between their respective regions. The two parties discussed trade, food security and the transportation...
  • Sharjah Electricity, Water and Gas Authority installs 23,000 smart meters

    Sharjah, UAE--Sharjah Electricity, Water and Gas Authority (SEWA) has completed the installation of 23,000 new smart meters in 2022 and replaced mechanical meters with smart meters in various regions of Sharjah. The new smart meters are accurate which contribute to providing accurate readings free from errors, as well as rationalising...
  • HFZA to highlight investment opportunities at Gulfood 2023

    Sharjah, UAE--The Hamriyah Free Zone Authority (HFZA) will take part in the upcoming 28th edition of Gulfood 2023, the biggest food and beverage supply platform globally. The event will be held from 20th to 24th February at the Dubai World Trade Centre (DWTC) and will host over 5,000 exhibitors hailing...
  • UAB 2022 net profit at US$42m

    Total operating income rose 11% in 2022 compared to 2021.
  • Air Arabia 2022 net profit $326m

    FY'22 turnover rose to $1.4 billion, up 65 percent YoY.
  • UAE MoIAT, Sharjah FDI Office ink MoU to promote investment

    SHARJAH, UAE -  The UAE's Ministry of Industry and Advanced Technology (MoIAT) and Sharjah Foreign Direct Investment Office (Invest in Sharjah) signed a Memorandum of Understanding (MoU) at the 6th Sharjah Investment Forum to promote investment opportunities. Held under the theme 'Redefining Economies: Making Significant Strides for a Better Future',...
  • Industry experts discuss fintech at Sharjah Investment Forum 2023

    SHARJAH, UAE - Financial innovation and technology trends in global financial services sector were in the spotlight during a panel session at the sixth edition of the Sharjah Investment Forum (SIF). Moderated by Goncalo Traquina, Head of Management Consulting in Financial Services, KPMG, panellists Eric Yang, CEO of MaskEX, Mirna...
  • Investors’ choices shape future of economy in a region

    Sharjah is a gateway to the markets of the Gulf region, with a GDP of US$1.6 trillion. It provides a solid business base for investors through six free zones and 33 industrial zones with various specialisations, which are all linked to convenient land, sea and airports, he adds.
  • UAE Pension Authority to focus on awareness among Emirati employees

    ABU DHABI, UAE - The General Pension and Social Security Authority (GPSSA) of UAE has announced its key strategic objectives for 2023. The authority said that it will focus on raising awareness on insurance among Emirati employees, serving the community with utmost promptness and professionalism, while reinforcing the UAE Pension...
  • SEDD discusses cooperation with Matajer

    SHARJAH, UAE - Sharjah Economic Development Department (SEDD) received a delegation from Matajer - one of the most important commercial shopping groups affiliated with Sharjah Holding Company - established under a partnership between Majid Al Futtaim Properties and Sharjah Asset Management. This comes within SEDD’s interest to strengthen partnerships with...