In a bid to increase the UAE’s business opportunities with China while also facilitating the forging of new alliances, Invest in Sharjah, the investment promotional arm of Sharjah Investment and Development Authority (Shurooq) recently participated in 2017 World Forum for Foreign Direct Investment and China Offshore Summit, taking place in Shanghai and Shenzhen, respectively.
Sharjah Business Summit 2017, organised by Gulftainer on May 17, put a spotlight on transport and logistics innovations in Sharjah, highlighting the emirate’s investment potential.
Following a memorandum of understanding signed with Al Wanis, Sharjah Investment and Development Authority (Shurooq) has confirmed the AED60 million (USD16.33 million) Mleiha Desert Resort, scheduled for completion in the end of 2019.
WHEN TRAVELLING, THE IMPORTANCE OF SHARING EXPERIENCES BECOMES A FAMILY MATTER.
Majid Al Futtaim Properties has recently unveiled plans to launch what is said to become the company’s largest mall in Sharjah, City Centre Al Zahia.
In the first quarter (Q1) of the year, Sharjah International Airport (SIA) recorded significant year-on-year improvements in passenger traffic, up two percent, and aircraft movements, which grew three percent compared to Q1 2016.
Jannah Hotels & Resorts has announced a mixed development luxury destination Jannah Al Khan Hotel & Spa, which will boost Sharjah’s hospitality offerings with a hotel, shopping mall, dining outlets, office units, apart-hotels and residential apartments.
Aiming to emphasise the emirate’s importance in the Middle East’s finance and business sectors, Sharjah FDI Office (Invest in Sharjah), in collaboration with the Jordanian Business Council, has recently announced its plans to host the first Sharjah-Arab Business Roundtable.
Sharjah hotel occupancy levels grew 5.5 percent during January compared to the same month in 2016, according to the latest report from STR, a firm that provides global data and analysis for the hotel industry.