The Sharjah financial system expanded by 8.4 per cent in 2024, practically triple the worldwide common of three per cent, underscoring the emirate’s standing as one of many UAE’s most dynamic funding locations.
The figures, revealed throughout the Sharjah Funding Discussion board, spotlight the emirate’s broad-based progress, pushed by sturdy efficiency in the true property and transportation sectors.
Actual property and transport drive growth
Actual property stays a cornerstone of Sharjah’s funding exercise, whereas transportation and warehousing recorded a ten per cent improve, reflecting the emirate’s continued infrastructure growth and diversification push.
The outcomes had been shared by Sheikh Fahim bin Sultan Al Qasimi, Chairman of the Division of Authorities Relations in Sharjah, who stated internet hosting international funding conferences and boards performs a significant position in sustaining Sharjah’s progress trajectory.
Sheikh Fahim stated Sharjah, below the steerage of Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has labored for years to create a complete and balanced atmosphere for its individuals and buyers.
He stated this imaginative and prescient contains growing housing, increasing entry to high-quality schooling throughout faculties and universities, and constructing services that allow companies to thrive.
Etihad Rail increase
Trying forward, Sheikh Fahim stated the launch of Etihad Rail subsequent yr will considerably improve Sharjah’s connectivity, positioning the emirate as a significant hub for logistics and regional commerce.
He added that Sharjah Airport will play an more and more essential position in supporting transport and cargo operations, complementing the emirate’s community of native ports and increasing its commerce capability.
Sharjah funding enchantment
Sharjah’s 8.4 per cent progress fee, in comparison with the worldwide common of three per cent, displays a resilient and diversified financial system that continues to draw regional and worldwide buyers.
Officers stated the outcomes reaffirm Sharjah’s stability, strategic infrastructure, and investor-friendly atmosphere, which collectively strengthen its status as one of many UAE’s main enterprise and funding hubs.
