Jebel Ali Free Zone: Enabling new opportunities for growth

As the dynamics of global trade change, the need for focused zones of developed infrastructure, with ready access to international shipping, has increased. Global manufacturing operations seek such locations to get closer to customers, improve their logistics, and expand into new markets. Being amongst the most prominent free zone operations in the Middle East, the […]

Mitsubishi Motors slashes profit outlook by $550 million

Tokyo: Mitsubishi Motors Corp slashed its annual profit and sales outlook, becoming the latest Japanese automaker hit by sputtering global demand and a stronger yen. Operating profit for the fiscal year through March 2020 will be 30 billion yen ($275 million) instead of 90 billion yen, the company said in a statement Wednesday, citing decreases […]

Invest in Sharjah builds on the foundations of emirate’s sustainable growth and economic diversification

Mohamed Juma Al Musharrkh, CEO, Sharjah FDI Office (Invest in Sharjah), on establishing the emirate’s position as a regional and global gateway for investments: Could you brief us on Invest in Sharjah, highlighting how it actively supports and encourages SME growth in the emirate? As the investment promotion office of Sharjah, we are dedicated to […]