Sharjah Investment and Development Authority (Shurooq) and Khorfakkan Municipality are to accelerate their plans for substantial new tourist destinations, broadening Shurooq’s portfolio and adding to Khorfakkan’s domestic and overseas hospitality and tourism appeal. In a high-level meeting with H.E. Marwan Bin Jassim Al Sarkal, CEO, Shurooq, H.E. Fawzia Rashid Al Qadi, Director-General of Khorfakkan City Municipality, reaffirmed the municipality’s full ...

ARADA, a new mid-market property developer recently announced by KBW Investments and Basma Group, has launched Nasma Residences, a new master-planned residential community in Sharjah focused on ‘aspirational yet accessible living in an urban setting’. Located at the heart of one of Sharjah’s most dynamic residential and mixed-use residential areas, the company expects to complete the 5 million square foot development ...

Petroleum Specialties Pte. Ltd., the Singapore-based specialised oil trading subsidiary of diversified conglomerate Apar Industries Limited, has opened a new manufacturing operation in Sharjah’s Hamriyah Free Zone. The group’s first fully-owned factory outside of India, the new US$18 million (AED 66m) Petroleum Specialities (FZE) unit will manufacture industrial white oils. The term ‘Industrial white oils’ typically refers to pure petroleum ...