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Doubletree By Hilton Sharjah Waterfront Hotel & Residences Honored With Sharjah s Leading Hotel 2023 Award By World Travel Awards

Doubletree By Hilton Sharjah Waterfront Hotel & Residences Honored With Sharjah s Leading Hotel 2023 Award By World Travel Awards
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Sharjah attracts $220m in investments and creates 1,117 new jobs in 2020

Dubai: In 2020, Shajah attracted 24 foreign direct investment (FDI) projects worth $220 million (Dh808.6 million), as per a Wavteq study on Sharjah’s FDI annual performance. There has been a 60 per cent increase in the number of FDI projects between Q3 and Q4. While certain sectors were impacted, others witnessed remarkable growth, offering substantial investment opportunities for businesses in the fields of e-commerce, health and medical research, and personal protective equipment, among others. This boost in economic activity in new and emerging sectors led to the creation of 1,117 new jobs in Sharjah. Over the year, Sharjah FDI Office (Invest in Sharjah), the investment promotion office operating under the Sharjah Investment and Development Authority (Shurooq), continued to bolster investment activity in Sharjah with a wide range of services and facilities, including a real-time analysis of local markets, which helped incoming businesses identify suitable opportunities. Invest

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