While falling property prices in Dubai have reduced Sharjah’s real estate competitiveness over the last year, a spate of large-scale, mixed-use developments and improvements to transport infrastructure are spurring a more positive market outlook.
UAE: Sharjah
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Economic update | Sharjah: Expanding health care
11 Feb 2013
A new medical centre is set to spearhead Sharjah’s efforts to tap into foreign investment in health care as the government moves to meet rising demand and expand into medical tourism.
Economic update | Sharjah: In search of FDI
26 Sep 2012
Stepping up efforts to attract foreign investment to its shores, Sharjah is reaching out to the global market to spur growth at home, though the emirate is facing stiff competition in an increasingly tight global market.
Sharjah is seeking to position itself as a niche aviation connection centre, with the local budget airline expanding the number of routes it serves and specialist carriers focusing on potential in the upper end of the market. High costs and stiff competition, however, could pose a challenge to the emirate’s ambitions.
Economic update | Sharjah: Homing In
29 Mar 2012
Sharjah’s real estate and construction sector could be in for a welcome boost as the government looks to address the shortage of affordable housing in the emirate. And while lower prices in neighbouring rental markets could have a knock-on effect, the emirate’s prospects for real estate growth in 2012 are promising.
Sharjah’s push to increase the role its tourism sector plays appears to be paying dividends, with hotels reporting higher occupancy rates and airlines adding the emirate as a destination.