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SHARJAH NEWS

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Bank Of Sharjah Announces Financial Results For H1 2016
The Bank of Sharjah today announced its financial results for the six months ended June 30th, 2016. During the period, the bank continued to adopt a very conservative credit policy and reduced expensive deposits while maintaining high levels of liquidity and a considerably low loan to deposit ratio.

Shurooq highlights importance of Economic Development in achieving austainability
Sharjah Investment and Development Authority (Shurooq) participated in the second edition of the GCC-British Economic Forum, which took place on July 21.

’Summer Fun’ At Al Majaz Waterfront Attracts High Turnout Of Visitors
Visitors to Al Majaz Waterfront in Sharjah are currently able to enjoy a host of new activities on offer, with the premier tourist and leisure destination having commenced its exciting ‘Summer Fun’ annual programme which will run every weekend (on Thursday and Friday) up until the end of August.

UAB Generates Net Profit Of AED71 Million In H1, 2016
The United Arab Bank, UAB, has announced its financial results for the six months ended 30th June, 2016, generating a net profit of AED71 million.

Crime Rate Fell 14.54 Pct In Q2 2016 In Sharjah
The number of crimes in the emirate of Sharjah decreased 14.54 per cent in the second quarter of 2016 when compared with data for the same period last year, according to according to figures released today by Sharjah Police.

Sharjah Ruler Forms Committee For Hosting Seat Of Arab Children’s Parliament
H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an administrative resolution forming a committee on hosting the seat of the Arab Children’s Parliament.

Momentum Logistics Welcomes New Managing Director Tom Nauwelaerts
Momentum Logistics, a leading UAE-based third-party logistics (3PL) services provider, has announced the appointment of Tom Nauwelaerts as its new managing director. Momentum is a wholly owned subsidiary of Gulftainer, the world’s largest privately owned independent port operator, based in the UAE.

ISO 9001:2008 Surveillance Audit Completed Successfully
CONMIX Ltd.’s Quality Management System has been​ audited for compliance with the ISO 9001:2008 standard on 12th and 13th June, 2016. Also, our new concrete plant in DIP, Dubai, has been included in the scope of certification.

Crescent Enterprises Partners With Sharjah Ladies Club To Encourage Female Entrepreneurs And Young Talent In The UAE
As part of its commitment to supporting the growth of female entrepreneurs and fostering young talent in the region, Crescent Enterprises has entered into a partnership with the Sharjah Ladies Club (SLC), contributing to its Collage Talent Center and Ebriez Exhibition.

Simon Kurian’s Farewell
A farewell function was organized in CONMIX Head Office for Mr. Simon Kurian, Pre Mix Plaster Sales Manager, on 10th July 2016.

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