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Expo Centre adds expansion for Sharjah International Book Fair

Sharjah Chamber of Commerce & Industry (SCCI) this week inaugurated a 42,000 square foot (3,900 sqm.) temporary expansion for Expo Centre Sharjah to accomodate the continued growth of Sharjah’s fairs and exhibitions, in particular the highly anticipated Sharjah International Book Fair (SIBF), which takes place from 1-11 November. Last year’s Sharjah International Book Fair hosted 1,681 publishing houses from 60 ...

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ARADA announces new Sharjah $6.5 billion master-planned residential community

ARADA, a property developer formed earlier this year by KBW Investments and Basma Group, has announced plans for a AED 24 billion ($6.5 b) master-planned community called ‘Aljada’ that will cover an estimated 2.2 square kilometres and accommodate up to 70,000 residents. According to ARADA, the new community will be located next to Sharjah University City and is expected to ...

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Alef Group launches AED 3 billion pedestrian-friendly residential community

Alef Group, a Sharjah-based real estate developer, has launched a new AED 3 billion (US$ 820m) pedestrian-friendly residential development in the city’s Al Juraina area. Announced as Sharjah’s first fully-walkable community and covering an estimated area of 3 million square feet (279,000 sqm.), ‘Al Mamsha’ will offer a variety of modern apartments, from studios through to penthouses with private terraces. ...

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Sharjah International Book Fair dates confirmed

Sharjah Book Authority (SBA) has announced the dates of the 36th edition of Sharjah International Book Fair (SIBF) as 1-11 November 2017. The region’s premium platform for publishers of education, science, literature, art and culture titles takes place annually at Expo Centre Sharjah. In addition to the main exhibition, the event brings together hundreds of authors and publishers from around ...

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SEWA BOT project paves way for more Public Private Partnerships

Last month Sharjah Electricity and Water Authority (SEWA) awarded its first Build-Operate-Transfer (BOT) contract for the development of a seawater reverse osmosis (SWRO) desalination plant in Sharjah’s east coast region of Kalba. The deal follows much research and debate regarding the future role of public-private partnerships (PPPs) in the emirate and SEWA hopes that the project will pave the way ...

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Gama Aviation signs agreements to build and operate a US$30 million business aviation terminal

Gama Support Services, a division of global business aviation services company Gama Aviation, has signed commercial agreements with Sharjah Airport Authority for the development and operation of a new private aviation terminal at Sharjah International Airport. Gama Support Services will build and operate a new AED 110 million (US$ 30m) purpose-built, integrated business aviation complex and provide ground handling services ...

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Sharjah Islamic Bank profit up 6% during first half of 2017

Sharjah Islamic Bank (SIB) this week announced a net profit of AED 272.9 million (US$ 74.8m) for the first half of 2017, reporting a 6.2 percent increase on the AED 257.0 million (US$ 70.4m) net profit posted for the same period in 2016. SIB also reported a 10 percent increase in total assets, showing AED 36.9 billion (US$ 10.1b) in ...

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Sharjah house rental rates rise 12% during first half of 2017

Demand for houses in Sharjah has outperformed expectations with villa rental prices increasing by 11.7 percent during the first six months of 2017, according to global property consultancy Cluttons. The company’s Sharjah Property Market Snapshot for Summer 2017 report shows that average villa rents in Sharjah now stand at about AED 112,000 (c. US$ 30,500) per annum and can be ...

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Air Arabia adds third new route of 2017

Sharjah-headquartered Air Arabia PJSC (AIRARABI:DFM), the largest low-cost carrier operator in the Middle East and North Africa, has added its third permanent new international route from Sharjah this year with the addition of direct flights to Hargeisa, the capital of Somaliland. The airline now operates flights to over 130 destinations across the Middle East, Asia, Africa, Asia, and Europe from ...

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