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.
UAE: Sharjah
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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.
Sharjah is actively increasing its profile abroad through trade shows and high-level diplomatic visits in a bid to bolster existing trade and investment partnerships and build new ones.
Economic update | Ambitious federal targets set to reshape Sharjah’s long-term energy mix
31 Jan 2017
Sharjah is looking to improve energy efficiency and increase renewable power production as part of a UAE-wide drive towards cleaner energy.
Economic update | Sharjah Year in Review 2016
28 Dec 2016
Year-end forecasts of increased revenue and fiscal deficit relief have brightened Sharjah’s near- to medium-term outlook, with the emirate’s authorities working to promote non-hydrocarbons sectors as attractive investment propositions on the back of slower growth in 2015.