Sharjah Media City to launch new production studios project

The facility will include five studios, each spanning 1,710 sq. meters, with a total area of 38,136 sq. meters. (Supplied)
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Updated 27 February 2025
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Sharjah Media City to launch new production studios project

  • STUDIOI to design Shams Studios hub, construction contract to be announced later this year

LONDON: Sharjah Media City, or Shams, has awarded a design contract for its planned media production hub.

The design of Shams Studios will be undertaken by STUDIOI, a UAE-based engineering firm behind projects including The Park Hyatt Hotel in Riyadh and SHA Island near Al-Jurf, Abu Dhabi, according to reports on Thursday.

“The Shams Studios project reflects our unwavering commitment to developing a cutting-edge infrastructure that aligns with the latest global advancements in media and production,” said Rashid Abdullah Al-Obad, director of Shams.

“This is not just an investment in facilities; it is an investment in the future,” he added.

The facility will include five studios, each spanning 1,710 sq. meters, with a total area of 38,136 sq. meters.

It will also have post-production facilities including editing suites, visual-effects technologies, and sound-processing rooms.

The complex will have 20 creative units available for short- and long-term use, as well as workspaces, offices, meeting rooms, hotel, and accommodation for actors and production teams.

The construction contract is expected to be awarded in the fourth quarter of 2025.


Asharq Business with Bloomberg, Nasdaq to bring real-time US equities data to MENA

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Asharq Business with Bloomberg, Nasdaq to bring real-time US equities data to MENA

  • Nasdaq to deliver exclusive real-time US equities market data
  • Real-time updates fully integrated into Asharq Business’ data infrastructure and available across all platforms

RIYADH: Asharq Business with Bloomberg, the region’s leading business and financial news multi-platform channel, announced Tuesday a strategic three-year collaboration with Nasdaq, to deliver exclusive real-time US equities market data and updates to investors and decision-makers across the Middle East. 

Through access to Nasdaq’s official data product, Nasdaq Last Sale (NLS), Asharq Business with Bloomberg will receive real-time last-sale trade updates and calculated insights across major US exchanges directly from the Nasdaq Market Center. The collaboration strengthens market transparency, enhances data-driven storytelling, and provides audiences and partners with deeper insight into global financial activity. 

With a rapidly growing investor base in the region — and with Nasdaq serving as a primary destination for many Arab and regional investors — Asharq Business with Bloomberg reinforces its mission to deliver timely, accurate, and exclusive financial updates by integrating NLS data into its digital platforms, live markets coverage, and broader data ecosystem. 

Leveraging its partnership with Bloomberg Media — which grants access to reporting from over 2,700 journalists and analysts worldwide — Asharq Business with Bloomberg continues to build on its reputation as the region’s most trusted and credible multi-platform business news source. The collaboration with Nasdaq underscores its commitment to providing reliable, data-backed content across social, digital, and streaming platforms, available for audiences anytime and anywhere. 

Dr Nabeel Al Khatib, General Manager of Asharq News Network, commented: “It has been five years since the inception of Asharq Business with Bloomberg, and our audience has always been at the center of everything we do. We invest time and effort to understand what matters to them, ensuring we deliver data and stories that genuinely support informed decision-making. With growing regional interest in global markets, our collaboration with Nasdaq marks a strategic step toward offering a clearer, more comprehensive view of international financial activity. Through Nasdaq Last Sale, we aim to further empower our audience with transparent, real-time insights, strengthening their ability to navigate an increasingly interconnected global investment landscape.” 

The Nasdaq leadership team added: “We are pleased to collaborate with Asharq Business with Bloomberg to broaden access to high-quality US market data in the Middle East. Through Nasdaq Last Sale, we aim to enhance transparency, support informed decision-making, and contribute to a more connected global investor community.”