His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, today unveiled three ground-breaking real estate projects to be developed in Sharjah. Worth a total of AED 2.7 billion (US$ 734m), the trio of projects are the result of a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, an Abu ...
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SEWA mulls BOT project for Hamriyah power plant
Sharjah Electricity and Water Authority (SEWA) is evaluating details of an independent power project (IPP) for Hamriyah power station to be developed under a Build-Operate-Transfer (BOT) contract. Sharjah’s utility authority started a bid process towards the end of 2015, for a project to expand and convert Hamriyah power plant from an open-cycle plant to a combined-cycle facility. According to Middle ...
Read More »Sharjah Ruler approves 3.3km city beachfront development
His Highness Dr. Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the Sharjah Beach Development Project, which will create 3.3 kilometres of pedestrian areas, landscaping, sports facilities and public services along Sharjah city’s beachfront parallel with Al Montazah Road. The project falls under Sharjah Urban Planning Council’s (SUPC) strategic plan for developing the ...
Read More »Sharjah-based Al Qabdah wins AED 400 million Dubai contract
Sharjah-based Al Qabdah Building Contracting has been awarded a AED 400 million (US$ 110m) construction contract to build a mid-market luxury residential community in the neighbouring emirate of Dubai. Alandalus Apartments, part of the world-class Jumeirah Golf Estates residential golf destination, will include 715 apartments, 95 town houses and a retail centre. The first handover of properties is expected to ...
Read More »Plans for Sharjah’s second DoubleTree by Hilton unveiled
Hilton and Tilal Properties, developers of Tilal City and Tilal Mall, have unveiled plans for the DoubleTree by Hilton Sharjah Tilal Mall, the second Doubletree-branded property in Sharjah to be announced by Hilton this year. Announced during a signing ceremony at Cityscape Global 2017 in Dubai this week, the new property will be built adjacent to Tilal Mall and is ...
Read More »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 ($6.5 b) master-planned community called ‘Aljada’ that will cover an estimated 2.2 square kilometres and accommodate up to 70,000 residents. According to ARADA, the new community will be located next to Sharjah University City and is expected to ...
Read More »Alef Group launches AED 3 billion pedestrian-friendly residential community
Alef Group, a Sharjah-based real estate developer, has launched a new AED 3 billion (US$ 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. ...
Read More »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 ...
Read More »Shurooq ups investment in Al Badayer Oasis by AED 15 million
Residents and tourists in the UAE are set to enjoy the ultimate desert experience with an AED 15 million (US$ 4.1m) extension to the Al Badayer Oasis project. A premium leisure development form Sharjah Investment and development Authority (Shurooq), Al Badayer Oasis has announced an expansion to its under-construction facility, with the resort expected to pull in hordes of city-dwellers ...
Read More »Masdar and Bee’ah form waste-to-energy joint venture to build Sharjah plant
Bee’ah, the UAE’s leading environmental management company, and Masdar, Abu Dhabi’s renewable energy company, have formed Emirates Waste to Energy Company (EWEC), a joint venture that will develop waste-to-energy plants across the Middle East. The two companies signed a Memorandum of Understanding (MoU) in January to jointly develop the Middle East’s first waste-to-energy plant in Sharjah. First announced in 2014, ...
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