MOVING FORWARD
Facts Profile Official name Also know as Sharjah The Cultural Capital and Industrial Hub of the UAE Geography H.H. Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, UAE Supreme Council Member and Ruler of Sharjah Area Location Neighbouring Emirates Timezone UTC/GMT +4 Demographics 2,590 km2 (third largest emirate in the UAE) Bordered by Oman, Arabian Gulf and Indian Ocean Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah and Umm Al Quwain Population Population growth Median age 829, 730 1% year (2005-2010) 25
Sharjah At OMAN A Glance Cultural Capital of the UAE Capital of Islamic Culture (2014) Two coastlines - Indian Ocean, Arabian Gulf Naturally diverse - Striking landscape and wildlife Growing population. Third largest in the UAE (836,160-2011) Political stability and government investment Intra arab tourism destination and thriving cultural hub AJMAN SHARJAH CITY UMM AL QWAIN RAS AL KHAIMAH FUJAIRAH DIBBA KHORFAKKAN Natural diversity Modern city SIR BU NUAIR ISLAND AL DHAID SHARJAH (2,590 KM 2 ) RAS AL KHAIMAH FUJAIRAH The industrial hub of the UAE DUBAI AL BEDAYER KALBA World-class infrastructure Unsaturated market full of opportunity ABU DHABI OMAN
Positive Sovereign Credit Rating (Moody s) Moody s investor service assigned a first-time local and foreign currency rating of A3 to the Government of Sharjah based on the emirate s very strong fiscal and government debt position. Top 10 Ranking For Small And Mid-Sized Cities Moody s investor service assigned a first-time local and foreign currency rating of A3 to the Government of Sharjah based on the emirate s very strong fiscal and government debt position. A3 Stable Outlook Overall Small And Mid-sized Cities Overall Small And Mid-sized Cities (Middle East) 9 th 3 rd Business Friendliness 10 th High institutional strength/ framework Relatively small economy thus very limited exposure Very high financial strength including debt profile Human Capital And Lifestyle Economic Potential Connectivity Cost Effectiveness 7 th 9 th 6 th 8 th
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Promising Sectors With demand outpacing supply, this promising sector offers multiple opportunities. BASIC RESOURCES AUTOMOBILES UTILITIES TRAVEL & LEISURE New environmental protection legislation is creating the need for environmental products and services. INSURANCE TELECOMMUNICATIONS REAL ESTATE AGRICULTURE MANUFACTURING ENVIRONMENT Sharjah s key geographical location between Africa, Asia & Europe presents opportunities along the logistics and supply chain sectors. CONSTRUCTION & MATERIALS FINANCIAL SERVICES CHEMICALS RETAIL & WHOLESALE TECHNOLOGY TRANSPORT & LOGISTICS Greater awareness levels and a rising middle class are creating demand for specialised services. OIL & GAS MEDIA PERSONAL & HOUSEHOLD GOODS EDUCATION HEALTHCARE
Attractive Investment Climate 100% freehold ownership for foreigners 100% repatriation of capital and profits Exemption of import and export duties 100% tax exemption environment 100% exemption from all commercial levels Competitive property and warehouse leases No income tax
Sharjah Ports Khorfakkan Port strategic location benefits shipping lines to save time ranked as the 10th most productive port in the world and in the top 50 in terms of container throughput connected to all parts of the globe Port Khalid a multipurpose port with 20 berths and an oil terminal capable of handling all kinds of cargoes and ships served by all major container shipping lines through feeder network Hamriyah Port adjacent to the industrial and business hub of Hamriyah Free Zone vital infrastructure serving the logistical needs of the customers based inside the free zone as well as those in the neighbouring Emirates. Sharjah International Airport is undertaking many expansion projects in order to meet the increasing demand for its services. In October 2014, the airport opened its Dh500 million second runway, which is a significant boost to its aircraft handling capability. Passenger traffic crossed 8.5 million which is 13.5 per cent more than the previous year Aircraft movements increased by 0.41 per cent from the previous year Cargo handling reached 295,402 tonnes The most competitive landing and handling rates in the region
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