Connect with us

Business

Sharjah launches new Hospitality Group to boost tourism and wellbeing sector

Published

on

Spread the love

Sharjah has announced the formation of a new government entity, the Sharjah Hospitality Group, following an Emiri Decree issued by His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah.

The Group will serve as an independent government institution affiliated with the Sharjah Family and Community Council. It has been tasked with developing and managing hospitality-related facilities, programmes and services across the emirate, to elevate industry standards and support Sharjah’s long-term tourism and community wellbeing strategies.

Chaired by Sheikha Jawaher

According to the decree, Her Highness Sheikha Jawaher bint Mohammed Al Qasimi will chair the Sharjah Hospitality Group. The Chairperson has been granted full authority to appoint key personnel, establish or dissolve affiliated entities, form committees, and approve the Group’s budgets and operational frameworks.

The headquarters will be based in Sharjah city, with the option of opening branches in other regions of the emirate.

What the Group will oversee

The new entity will supervise and operate several key facilities, including the Sharjah Ladies Club and its branches, as well as the Al Jawaher Reception and Convention Centre. Additional establishments and hospitality-related projects may be brought under its umbrella in future, based on decisions made by the Chairperson.

The Group is also responsible for formulating public policies for hospitality services, creating strategic plans, setting operational standards, and overseeing the performance of affiliated institutions.

Economic and sector impact

The launch of the Sharjah Hospitality Group is expected to enhance the emirate’s appeal as a destination for cultural tourism, family recreation, and wellness-focused experiences. The Group is tasked with implementing initiatives, organising events, and developing partnerships across the public and private sectors.

It will also introduce training and development programmes for professionals in hospitality, in coordination with relevant authorities.

In addition to government funding, the Group will generate income through activities of affiliated facilities, investments, sponsorships, and strategic collaborations. 

With over 35 years of experience in journalism, copywriting, and PR, Michael Gomes is a seasoned media professional deeply rooted in the UAE’s print and digital landscape.

Announcements

UAE fuel prices for June announced: Petrol edges closer to Dh4 a litre

Published

on

Spread the love

The UAE announced revised fuel prices for June 2026, with motorists set to pay significantly more for petrol while diesel costs decline compared to the previous month.

The latest adjustment is particularly notable as it marks the country’s first monthly fuel pricing update since formally leaving both OPEC and OPEC+ earlier this year.

Beginning June 1, Super 98 petrol will be priced at Dh3.95 per litre, up from Dh3.66 in May. Special 95 will rise to Dh3.83 per litre from Dh3.55, while E-Plus 91 will increase from Dh3.48 to Dh3.76 per litre.

In contrast, diesel users will benefit from a reduction, with prices falling from Dh4.69 per litre in May to Dh4.33 in June.

The latest increase extends a three-month upward trend in petrol prices, reflecting ongoing volatility in global energy markets and fluctuations in crude oil prices.

Impact on residents

For households across the UAE, fuel price movements remain a key economic indicator, influencing transportation costs, daily commuting expenses and overall household budgets. Rising petrol prices can have a noticeable impact on monthly spending, particularly for residents who rely heavily on private vehicles.

The June pricing announcement comes just weeks after the UAE officially ended its six-decade membership in OPEC and OPEC+, a move that took effect on May 1, 2026.

The revised prices will come into effect from June1, 2026.

Continue Reading

Business

UAE waives Dh834 million in debt interest for low-income retirees

Published

on

Spread the love

In a major humanitarian initiative announced ahead of Eid Al Adha, the UAE has approved the cancellation of accumulated interest and profit charges on loans owed by low-income retirees across the country.

The financial relief package, launched under the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and closely followed by Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, is being implemented by the Defaulted Debts Settlement Fund in partnership with several UAE banks. 

Valued at more than Dh834 million, the initiative is designed to ease financial pressures on 2,339 senior citizens while strengthening social stability and supporting family wellbeing across the country.

The initiative specifically targets Emirati retirees aged 50 and above who fall within limited-income categories.

Under the mechanism announced, participating banks will waive future interest and profit charges on outstanding loans while beneficiaries continue repaying only the original loan amount through flexible payment schedules.

Among the banks contributing to the initiative, Abu Dhabi Commercial Bank Group accounted for the largest share at Dh655 million, followed by First Abu Dhabi Bank with Dh150 million. Abu Dhabi Islamic Bank contributed Dh18.5 million, while Emirates NBD Group and Emirates Islamic Bank jointly provided Dh6.7 million.

Other participating institutions included Dubai Islamic Bank with Dh2.3 million, Commercial Bank of Dubai with Dh792,000, Sharjah Islamic Bank with Dh716,000 and the National Bank of Ras Al Khaimah with Dh566,000.

Officials confirmed that beneficiaries will be contacted directly by participating banks and financial institutions regarding the implementation process and revised repayment arrangements.

Continue Reading

Business

What the UAE’s new poultry Premium Mark label means for shoppers

Published

on

Spread the love

Chicken shopping in the UAE is about to change, with a new government-backed Premium Mark set to appear on selected locally produced poultry products from June.

The initiative, launched by the Abu Dhabi Quality and Conformity Council (ADQCC), aims to help shoppers quickly identify chilled chicken products that meet higher standards for food safety, quality, sustainability and production practices.

Retailers say UAE consumers are becoming far more selective about what they buy, especially when it comes to fresh poultry.

The certification will apply to producers that meet advanced standards across the poultry supply chain, including farming methods, feed quality, inspections and final product quality.

The rollout will begin in phases from June with selected Abu Dhabi poultry producers. Participation is voluntary, but industry players believe the label could strengthen consumer confidence in UAE-made products and help local brands compete more strongly against imported premium poultry.

Officials also said the framework could later expand to include eggs, dairy and red meat products.

Continue Reading

Popular

Exit mobile version
https://headline.ae/