Developers are capitalising on Sharjah’s appeal as a retail destination, driving a strong flow of new developments and expansions in retail real estate.
Developers are capitalising on Sharjah’s appeal as a retail destination, driving a strong flow of new developments and expansions in retail real estate.
A drive to promote the emirate’s health care sector is gaining traction, with the Sharjah Investment and Development Authority (Shurooq) estimating that the sector’s value will rise to $2.4bn in the next two years, up from around $2bn last year.
New property developments and large government outlays on infrastructure look set to boost Sharjah’s residential appeal, expanding housing stocks and helping the emirate maintain a pricing edge over some of its neighbours.
Corporate and sovereign offerings of both conventional and Islamic bonds are expected to maintain their momentum in Sharjah after a strong showing last year.
COMMUNICATIONS: The country code for the UAE is +971, followed by Sharjah’s dialling code 06. There are two local telecoms providers, du and Etisalat. Pay as-you-go SIM cards for du and Etisalat can be obtained at most shopping malls upon presentation of a valid passport.
Sharjah has a number of modern health care facilities, and with the emirate preparing for a strong push in the sector, the future looks bright for Sharjah as it pursues its goal of becoming a centre of excellence in the UAE. Meanwhile, an ageing population and more sedentary lifestyles are raising new health challenges that both the private...
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