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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’,…

Sharjah, UAE: The inaugural Sharjah Senior Golf Masters presented by Shurooq reached a thrilling conclusion as South Africa’s Chris Williams claimed his first title in six years at the first hole of a sudden-death play-off against Englishman Gary Marks. “Words fail me. After being eight years on the Tour and finally getting my second win after all these years is just amazing,” said Williams, whose last win came at the Aberdeen Brunei Senior Masters presented by Stapleford Forum. “I’ve been playing well and scoring well in South Africa leading up to this event, playing in as many pro-ams as I…

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…

Sharjah Investment and Development Authority plans for growth Business roundtable conducted with representatives of world’s second largest country Sharjah’s business links with the world’s second largest country was the topic on the table when Sharjah Investment and Development Authority (Shurooq) hosted a trade meeting with a delegation from Canada. The roundtable event saw the two parties assess an array of initiatives that have the potential to lead to significant mutual benefits for Canada and the UAE. Aimed at exploring bilateral investment opportunities as part of Shurooq’s efforts to enhance Sharjah’s economic landscape through increased trade cooperation, the meeting was chaired…

Marwan bin Jassim Al Sarkal spearheads subcontinent investments His Excellency Marwan bin Jassim Al Sarkal, CEO of the Sharjah Investment and Development Authority (Shurooq), was awarded with the Golden Friends of India Award in recognition of his pivotal role in promoting economic and investment relationships between Sharjah and India. Mohammad Al Musharrkh, Director of the Sharjah FDI Office (Invest in Sharjah), received the iconic award on behalf of His Excellency. The award, from the Indian Business and Professional Council (IBPC), was seen as a mark of acknowledgement and appreciation from the Indian business community for His Excellency’s tireless efforts in…

Highest-ranking Middle East and Africa city for connectivity An independent survey covering the most powerful and dynamic global economies, has named Sharjah as one of the top ten cities in the world for connectivity. Ranked at number six, Sharjah comes ahead of Frankfurt, Manchester, Miami and Dubai, reflecting its superb regional infrastructure and attraction as a business destination for foreign investors. Announcing the findings, Sharjah Investment and Development Authority (Shurooq) said the key connectivity criteria were internet penetration and the capability and ease of movement of goods, areas in which Sharjah has made unprecedented progress. Having established itself as an…

7,000 Indian companies operate in Sharjah Al Musharrkh: Sharjah is a gateway to markets with 4 billion consumers The emirate of Sharjah, one of the prime industrial destinations in the Middle East and North Africa has made a striking impact at India’s Vibrant Gujarat Global Summit 2017, one of the nation’s most important business forums. As home to the region’s largest industrial areas, the Sharjah FDI Office (Invest in Sharjah), the promotional arm of the Sharjah Investment and Development Authority (Shurooq), occupied a significant area of the expo, with many of the department’s teams describing the exceptional investment advantages and…

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…