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SHARJAH NEWS

Local Time - 3:19:42 PM :
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Bank Of Sharjah Announces Financial Results For The Three Months Ending March 31, 2013
Bank of Sharjah today announced its financial results for the three months ending March 31, 2013. The Bank’s net profit for the first quarter of 2013 registered a 17% increase to AED 70 million driven by the strength of its balance sheet and the soundness of its assets quality.

Cluttons In Sharjah: The Resilient Real Estate Market Remains One Of The Emirate’s Top Performing Sectors
The residential sector is witnessing a steady rise in average rents as demand outstrips supply for the first time since the global crisis. Since October 2012, apartments in popular areas such as Al Majaz, Al Nahda and Qassimiya have witnessed an average rental increase of 10 to 15%.

More Time To Shop And More Spaces To Eat At Sharjah City Centre
There are some exciting changes happening in Sharjah City Centre. Shoppers in the Emirate now have the opportunity to enjoy late night -or last minute shopping at their favourite community mall with extended opening hours on weekends.

Gulfmart Enters UAE Market With Hypermarket In Sharjah
Gulfmart, a popular supermarket and hypermarket brand in the GCC, has opened its first store within the UAE, as part of the growth strategy of its Dubai-based owner, Retail Global company to open several more stores across the region this year.

Sharjah Tourism Visit To Hotel Copthorne, Set To Open Next Month
This came in Al Noman’s remarks made during a visit to the new Hotel Copthorne on Monday, which is all set to open in the middle of May in Sharjah. He was accompanied by SCTDA Director General HE Khalid Jasim Al Midfa and other senior officials.

With The Presence Of Sheikha Jameela Bint Mohammed Al Qasimi Sharjah Ladies Club Hosts "Rhythm Of Life" Poetry Session
Guests were welcomed in the session and were introduced to the importance of poetry and its great role in introducing and spreading peace all around the world.

Air Arabia Increases Beirut Flights To Double Daily
Air Arabia, the first and the largest low-cost carrier (LCC) in the Middle East and North Africa, announced today the expansion of service to the Lebanese capital, Beirut, from the carrier’s primary hub in Sharjah, UAE, making it easier and more convenient for passengers to visit the capital city.

Sharjah Targets Gulf Tourists With Road Show, Workshop In Kuwait
Sharjah is aggressively targeting the Kuwaiti tourism market with workshops and dinner interactions in Kuwait City as part of its GCC road show and marketing campaign across the region.

Sharjah Looks To Expand Saudi Tourism Market Share As It Heads To Riyadh Travel Fair
An upbeat Sharjah is looking forward to expanding its presence in the Saudi tourism market as it heads to the fifth edition of the Riyadh Travel Fair, taking place in the Saudi capital from April 23-26.

Sharjah Islamic Bank Lists Sukuk On Nasdaq Dubai
Sharjah Islamic Bank (SIB) marked the listing of 500 million dollar Sukuk on NASDAQ Dubai yesterday. Mohammed Abdulla, Chief Executive of SIB rang the opening bell at Dubai Financial Market (DFM) to celebrate the listing of the Sukuk on NASDAQ Dubai.

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