Traffic congestion is a significant problem in Sharjah, with traffic to and from Dubai during rush hour being a particular issue due to the large number of people that live in Sharjah and commute to the neighbouring emirate. However, a range of road construction projects aimed at boosting capacity and improving traffic flow have recently been...
What are the competitive advantages of Sharjah as a base for regional players in both the upstream and downstream segments?
The UAE federal government is hoping to attract $100bn in investment in environmental enterprises into the country by 2020. On the emirate level, the Sharjah Investment and Development Authority (Shurooq) estimates the emirate’s environmental market potential at Dh960m ($261.4m) in 2017 and that it will grow to Dh1.13bn ($307.7m) by 2020....
How have advances in connectivity improved Sharjah’s reputation as a manufacturing base?
Manufacturing accounted for 16.5% of Sharjah’s GDP in 2015, making it the second-largest of the seven individual sectors for which data is available, behind real estate with 22%, according to ratings agency Moody’s November 2016 outlook for the emirate. The figure is broadly unchanged in recent years, having consistently stood at between 16%...
With limited oil and gas production by regional standards, Sharjah has had to look to other sectors to build a robust and diversified economy. Prominent among these has been industry and manufacturing, and the emirate has emerged as an important Middle Eastern industrial hub, with the sector accounting for around 17% of Sharjah’s GDP and...
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