Recent Posts

Majid Al Futtaim invests AED 260 million in City Centre mall expansion

Majid Al Futtaim will invest AED 260 million (US$ 71 million) in the redevelopment of City Centre Sharjah, one of Sharjah’s largest shopping malls located on Al Wahda street in the centre of the city. Scheduled for completion in the last quarter of 2017, the expansion will add 13,700 square metres (147,466 sq. ft.) of retail space and is expected ...

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Heart of Sharjah’s new 5-star hotel 50% completed, says Shurooq

Fifty percent of the AED 100 million luxury 5-star hotel project, Al Bait Hotel in Sharjah, has been developed, according to Sharjah Investment and Development Authority (Shurooq). The new hotel, which is expected to be a prestigious hospitality and heritage landmark located in the Heart of Sharjah – the largest heritage-focused project in the region, is being developed to provide a ...

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Gadoya Holdings opens new AED 60 million production facility

Sharjah-based diversified holding company Gadoya Holdings, has opened a new AED 60 million (US$ 16m) manufacturing facility and corporate office in Sharjah Industrial Area. The Gadoya Holdings group currently employs a workforce of over 900 employees across 14 business verticals including engineeging, electricals, medical, plastics, real estate, travel and tourism, and sports and fitness. The new 120,000 square foot site ...

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