Energy

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How has the GCC petrochemicals industry been affected by the Covid-19 pandemic?

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.

How has Sharjah’s environmental sustainability drive evolved during the Covid-19 pandemic, and how can it contribute to a green recovery?

Chapter | Industry & Energy from The Report: Sharjah 2021

Benefitting from a low cost base, and well-developed and connected infrastructure, Sharjah has become a key industrial player in the region. Indeed, the...

Sharjah has one of the most diversified economies in the UAE, with a strong foundation in industry and manufacturing. Approximately 95.8% of its economic activity was derived from non-oil sectors in 2019, positioning the emirate to absorb much of the impact of the Covid-19 pandemic.

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