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Sharjah FDI hits $1.63bn in 2017

Sharjah / WAM The 2018 Oxford Business Group (OBG), report for Sharjah shows that the emirate’s policy of diversification and its success in attracting foreign direct investment is driving the economy towards new heights. The document, ‘The Report Sharjah 2018’, provides an in-depth analysis of the most prevalent sectors and industries, highlighting the move away from hydrocarbons and towards a ...

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Snoc commissions LPG blending, loading project

SHARJAH / WAM Sharjah National Oil Corporation (Snoc), announced the commissioning of an LPG Blending and Loading project in Sharjah’s Sajaa Complex. Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Snoc, emphasised that the step stems from the Corporation’s keenness to meet the growing local demand for liquefied petroleum gas, LPG, and to implement relevant projects. He explained that the ...

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Yemeni fishing sector resumes their activities in Hodeidah

HODEIDAH / WAM Yemen’s fishing sector resumed its activities, restoring a major source of livelihood for its citizens, as part of the Saudi-led Arab Coalition’s efforts to retake the strategic port of Hodeidah from Iranian-backed Houthi militias, and to restore stability in liberated areas of Yemen’s Red Sea Coast. For many Yemenis in Hodeidah and its surrounding areas, fishing is ...

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