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Tag Archives: Sir Bu Nuair

Shurooq to invest AED 5 billion in tourism projects

Sharjah Investment and Development Authority (Shurooq) plans to invest AED 5 billion (US$ 1.4b) in tourism development projects by the year 2018, in Sharjah city, Sharjah’s east coast and in island resorts. HE Marwan bin Jassim Al Sarkal, CEO of Shurooq, recently revealed the authority’s multi-billion investment plans in an interview with UAE newspaper Al Ittihad. Shurooq was established by ...

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Shurooq to present major projects at Cityscape Global

The Sharjah Investment and Development Authority (Shurooq) will be presenting some of Sharjah’s largest real estate, tourism and mixed-use developments at Cityscape Global from 21 – 23 September 2014 at the Dubai World Trade Centre. Cityscape Global is the biggest annual real estate trade show in the Middle East and North Africa and draws investors and developers from around the ...

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Sharjah’s strong tourism growth underpins new hotel investment

UAE-based Hospitality Management Holdings (HMH) is the latest hotel management group to announce a major investment in Sharjah, unveiling a US$4 million (AED 15m) project to refurbish Sharjah’s popular Coral Beach Resort. A number of hotel projects have already been announced this year, including new properties from Accor, Hues and Starwoods, plus several planned hotels as part of tourism development projects ...

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Sir Bu Nuair Island development details unveiled

Sharjah Investment and Development Authority (Shurooq) has announced the details of the AED 500 million (US$ 136m) Sir Bu Nuair Island development, a ground-breaking mixed-use real estate development due for completion in 2017. The announcement was made during the Arabian Travel Market (ATM 2014) in Dubai and is one of Shurooq’s largest initiatives to-date. Renowned for its natural beauty, the ...

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