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The Sharjah Investment and Development Authority (Shurooq) and master developer Nakheel have collaborated in a joint venture, that will bring a new community retail centre to Sharjah. The project - Nakheel’s first outside its home emirate of Dubai - has an estimated development value of AED75 million. Under the agreement, signed today by HE Marwan bin Jassim Al Sarkal, CEO of Shurooq, and Nakheel CEO Sanjay Manchanda, the two organisations will create a shopping, dining and leisure hub in Sharjah’s rapidly-expanding Al Rahmaniya district. The project, to be developed by Nakheel and managed by its retail subsidiary, Nakheel Malls, joins…

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, today unveiled three ground-breaking real estate projects to be developed in Sharjah. Worth a total of AED 2.7 billion, the trio of projects are the result of a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, an Abu Dhabi-based private real estate investment and development company. Shurooq and Eagle Hills will work together in a strategic partnership represented by ‘Eagle Hills Sharjah Development’, a dedicated real estate company that aims to develop the three projects; Maryam Island, Kalba Waterfront and…

Residents and tourists in the UAE are set to enjoy the ultimate desert experience with an AED 15 million extension to the Al Badayer Oasis project. A premium leisure development form Sharjah Investment and development Authority (Shurooq), Al Badayer Oasishas announced an expansion to its under-construction facility, with the resort expected to pull in hordes of city-dwellers keen to make the most of the region’s stunning outdoor environment. Overlooking the golden sand dunes of Sharjah’s middle region, Al Badayer Oasis will have two new buildings added alongside its existing components, with the 955 square metre additions increasing its investmentfrom AED…

Sharjah Investment and Development Authority (Shurooq) has been a strong force behind Sharjah’s burgeoning tourism sector since 2009. As part of its ongoing strategy to promote the emirate as one of the region's leading luxury and authentic tourist destinations, Shurooq recently announced the launch of a new brand of hotels – Sharjah Collection – at the Arabian Travel Market (ATM) 2017. The announcement was part of Shurooq’s participation at the 24th edition of ATM 2017, which concluded on 27 April (Thursday) at the Dubai World Trade Centre (DWTC). The focus of Sharjah Collection with its luxurious lodge and B&B-style properties,…

Massive investment adds extra boost to international investor appeal As part of a massive investment drive, Sharjah-based Omran Properties is to launch three real-estate projects in the emirate worth AED 2.47 billion. The unprecedented developments, the first Omran have made in Sharjah, bring new residential, retail, commercial and hospitality opportunities to Sharjah’s existing and potential investors. The company, established in 2016 through a strategic partnership between The Sharjah Investment and Development Authority (Shurooq), Dubai’s Emaar Properties and Eagle Hills, an Abu Dhabi-based developer, is slated to launch the projects later this year. The largest of the developments is ‘Maryam Island’,…

Twenty modern tents with private pools set against stunning natural backdrop As part of its strategy to provide the region’s leading sustainable tourist destinations, the Sharjah Investment and Development Authority (Shurooq), has begun implementing the stunning Kalba Kingfisher Lodge, its latest ground-breaking eco-tourism project, in collaboration with the Sharjah Environment and Protected Areas Authority (EPAA). Shurooq said that the five-star hospitability project, featuring a tented camp that offers unique experiences within the mangrove nature reserve in the heart of Kalba's natural beauty, is the perfect addition to its strategy of promoting environmentally friendly tourism. The Kingfisher Lodge, due to be…

Al Musharrkh: “Keeping track with the latest investment opportunities with the UK has always been our top our priority” “Invest in Sharjah” invited British investors to explore Sharjah’s rich industrial sector The Sharjah FDI office (Invest in Sharjah), the flagship driver for promoting investment opportunities in the emirate, recently concluded its participation at the inaugurating edition of the Foreign Direct Investment Expo 2016 (FDI Expo) in London, UK, which took place from November 17 – 18, 2016 at the London Olympia exhibition venue. FDI Expo gathered more than 3,500 elite speakers and visitors, and served as a key platform for…

Shurooq to lead the development process of the project located in Al Badayer, Sharjah, with a scheduled opening of Q4 2017 New tourism destination to be UAE’s most popular spot for desert adventurers and tour providers The Sharjah Investment and development Authority (Shurooq) has commenced the implementation of Al Badayer Desert Camp project, valued at AED 45 million, which is expected to become one of its premium leisure and adventure destinations in Sharjah. The project will feature a unique set of experiences for desert adventurers within the golden dunes of Sharjah’s middle region. Moreover, the project aligns with Shurooq’s comprehensive…

Memorandum of Agreement sets basis for environmental initiative Under the directives of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council Ruler of Sharjah, in ensuring the premium quality of living in Sharjah whilst preserving all natural and aquatic foundations in the emirate, the Sharjah Investment and Development Authority (Shurooq) recently signed a Memorandum of Agreement (MoA) with the Sharjah Environment Company LLC (Bee’ah), in a bid at improving and preserving the quality of water in Sharjah’s Khalid Lagoon. Under the terms of the agreement, Bee’ah will undertake a series of initiatives over a period…

New brand aims to position itself as the flagship driver for investment and financial growth across Sharjah ‘Invest in Sharjah’ to showcase the emirate’s core economic components and business prospects His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, has witnessed the launch of ‘Invest in Sharjah’, an initiative which aims to unveil the rich array of investment opportunities in the Emirate of Sharjah to businesspersons and investors across all sectors. Established to become the authoritative trend for business and investments in Sharjah, ‘Invest in Sharjah’ incorporates a modern vision designed…