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 ...

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. ...

Sharjah International Airport saw a 24 percent jump in passenger traffic in July, handling over one million passengers during the month as summer vacation travel filled up airline seats. The increase was significantly more than the 17 percent registered from June to July last year. Year-on-year, passenger numbers this July grew by a total of 8 percent compared with July ...