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CEO of the Sharjah Investment and Development Authority (Shurooq), HE Marwan Jassem Al Sarkal, called for an increase in the volume of government and private investments in the infrastructure sector in GCC countries and the Arab. Speaking at the event, which was attended by key experts, business leaders, representatives of investment authorities and directors of investment companies operating in infrastructure sectors, Al Sarkal noted that the involvement of governments in creating more investment opportunities in infrastructure would lead to attracting additional foreign investments in other fields, thus boosting the fundamentals of national economies and offering long term job opportunities due…

Al Sarkal: Many investment sectors will flourish over next few decades "Despite the negative effects of the global financial crisis, significant investment opportunities have emerged from projects that were frozen after 60 to 70 percent of the construction work had been completed because of the crisis and the lack of liquidity, among other reasons," Al Sarkal said during a session that was attended by elite of experts and investors. He urged investors to benefit from these exceptional opportunities available in the region. "Investment in human capital will be the best form of investment, as it serves to support the comprehensive…

A delegation from the Sharjah Investment and Development Authority, recently visited Omran. The meeting, during which a number of issues were discussed with the aim of opening new vistas of cooperation that will serve the interests of both parties in developing the tourism sector in the region and exchanging experiences in this regard, was attended by Mr. Elie Armaly, Business Development Director, Shurooq. They were briefed on a host of projects carried out by Omran during the last few years and its plans for future projects. In turn, The willingness to strengthen mutual cooperation between Shurooq and Omran in light…

International Hospitality Industry Investment Conference The three-day conference - regarded as the world's premier conference dedicated to the hospitality industry - is being attended by more than 600 participants, including industry leaders and decision makers, businessmen, investors, and professionals from around the globe. Shurooq's delegation includes Ahmad Obaid Al Qaseer, Chief Operations Officer and Elie Armaly, Business Development Director. Highlighting the importance of this conference, Al Sarkal said: "Shurooq's participation in the event is aimed at promoting available investment opportunities in the emirate's hospitality sector and marketing these opportunities in the international arena, which is in line with our strategic…

Restaurant and cafe spaces at Al Majaz Waterfront 100% leased. Renowned international restaurants now in Sharjah for the first time Commenting on the project, H.E Marwan Bin Jassim Al Sarkal, Shurooq CEO, said that the project's features are becoming clearly visible as the developers are working day and night to ensure that the first phase of the project opens during the fourth quarter of this year. He added that a number of facilities and amenities have already been added to the project, and that construction works are nearing completion. Al Sarkal revealed that all the facilities were fully leased, several…

The Sharjah Investment and Development Authority (Shurooq) in cooperation with "I Love UAE" Initiative has distributed gifts to labourers working at Sharjah's Al Majaz Waterfront project site as part of a charity campaign. The campaign, themed 'Get involved and make a difference', began with the visit to the construction workers at the construction site on Khalid Lagoon. The delegation delivered words of thanks and appreciation to the workers in recognition of their outstanding efforts and significant contribution to the community. The visit also aimed to spread awareness of safety measures among workers. Following the address by the delegation, volunteers from…

Al Sarkal: Splash Park is a safe and refreshing recreational water play system for children and their families The 800-square metre Splash park will be a fully automated, zero-depth aquatic play area suitable for the entire family, from toddlers through to adults, as well as for children with special needs. The state-of-the-art technology will optimise water consumption through sequenced activation and low-flow nozzle technology. Speaking of the innovative system, Shurooq CEO H.E Marwan Bin Jassim Al Sarkal said, "The Splash Park facility that will be opening at the Al Majaz Waterfront by the end of the year is a unique…

The Sharjah Investment and Development Authority (Shurooq) is planning to set up environmentally-friendly facilities, as well as some play rides carefully chosen for children with special needs, within the Al Majaz Waterfront project. According to H.E. Marwan Bin Jassim Al Sarkal, CEO of (Shurooq) this forms part of Shurooq's vision to develop high-quality projects that will enhance Sharjah's reputation as a distinguished tourist and investment destination. He Said: "In order to address environmental challenges, protect our natural environment and improve environmental practices, Shurooq, in cooperation with Bee'ah - The Sharjah Environment Company, is currently embarking on a host of eco-friendly…

Scheduled for completion in November The Sharjah Fountain project is part of Shurooq's plan to develop Al Majaz Waterfront into a state-of-the-art leisure and tourism complex that offers services and facilities in compliance with the highest international standards. Speaking on the occasion, Shurooq CEO HE Marwan bin Jassim Al Sarkal said that Sharjah's Fountain, measuring 100 meters high and 220 meters wide, will be the largest of its kind in the region. He added that it will comprise of two large water displays as well as sound, light and laser techniques. Al Sarkal stated that Shurooq's Al Majaz Waterfront Development…

Seven new restaurants and cafes overlooking Sharjah Fountain opened to public Shurooq revealed that Al Majaz Waterfront, its first and newest project, which opened in December, last year, has attracted more than 250,000 in January and February 2012. The waterfront boasts seven new restaurants and cafes that overlook the Sharjah Fountain, most of which opened their branches in Sharjah for the first time. These restaurants include T.G.I Friday's, Pizzaro, Fat Burger, Baja Fresh, Caribou Coffee, Tim Hortons cafe and Cold Stone. Plans are underway to open more restaurants and cafes, namely Zahr El Laymoun Restaurant, Al Manazeh and Cafe De…