As Covid-19 cases slowly rise across the UAE, Sharjah’s government has approved a comprehensive plan to shield its economy from the most negative consequences of the outbreak.
As Covid-19 cases slowly rise across the UAE, Sharjah’s government has approved a comprehensive plan to shield its economy from the most negative consequences of the outbreak.
Following the discovery of significant gas deposits, the first such onshore find in 37 years, Sharjah has taken a significant step towards energy self-sufficiency.
Increased public investment and a recovery in demand across the region helped Sharjah post more robust growth in 2019, as the emirate continues to expand its free zones and industrial projects.
Sharjah’s largest infrastructure project has taken another step towards completion following the inauguration of the Middle East’s longest covered tunnel, part of a highway development expected to boost connectivity, trade and logistics between the east and west coasts of the emirate.
The government of Sharjah is tapping the debt markets to help fund large-scale infrastructure and economic development programmes, issuing its largest transaction to date.
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