Sharjah’s strategic location between Europe and southern Asia has enabled it to become a central player in global transport and logistics networks. Its manufacturing sector with ample resources has the potential to increase import and export cargo volumes, leading to the creation of jobs. The importance of this was highlighted in the 2021 launch of the Sharjah Exports...
As companies look to shift towards more environmentally sustainable operation, those in fossil fuel or heavy-polluting sectors are increasingly turning to transition bonds – a relatively new class of debt instrument used to fund a company’s transition towards reduced environmental impact or lower carbon emissions. They are often issued in large carbon-emitting industries that...
With travel restrictions, closed factories and social-distancing measures in place for much of the year, 2020 was particularly challenging for industrial companies around the world. However, despite such constraints, many countries were able to successfully repurpose production to meet needs associated with the Covid-19 pandemic, while others look set to...
Industry in Sharjah has benefitted from the emirate’s low-cost base, well-developed and connected infrastructure, and proximity to Dubai and the neighbouring northern emirates. This has resulted in Sharjah becoming a key regional industrial player. Indeed, the emirate is a significant contributor to the UAE’s total manufacturing output, accounting for around one-third of the...
The year 2020 was a dramatic one for the global energy sector, with the Covid-19 pandemic slashing demand for hydrocarbons and upending market norms. Seeing that investment in oil and gas took a hit while renewable energy remained resilient, the pandemic is expected to result in a permanent realignment of the international energy market.
Sharjah in brief Guiding principles: The emirate’s geographic, historical and cultural advantages Viewpoint: Sheikh Sultan bin Muhammad Al Qasimi, Ruler of Sharjah and Member of the UAE’s Supreme Council, on fostering an economy and culture that benefits all Road to recovery: Gulf countries chart a course for recovery from the pandemic Interview:...
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