Sharjah Chamber highlights Sectoral Business Groups’ role as key partners in driving private sector growth
The Sharjah Chamber of Commerce and Industry (SCCI) has reaffirmed its support for Sectoral Business Groups operating under its umbrella, with plans to expand their scope to include new economic activities across the emirate. This initiative forms part of the Chamber’s strategy to boost private sector growth, enhance sustainable development, and improve business competitiveness in Sharjah and beyond. The announcement came during a meeting chaired by Abdallah Sultan Al Owais, Chairman of SCCI, with the heads of Sectoral Business Groups. Also in attendance were Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector, Dr Fatema Khalifa Al Muqarrab, Director of
Shurooq supports Sharjah’s future vision with over 52 projects, AED7.2 billion in investments
The Sharjah Investment and Development Authority (Shurooq) has announced that its 15-year journey of sustainable development has resulted in the completion of 52 projects and tourism and cultural experiences covering over 60 million square feet across Sharjah, with a total investment value of AED7.2 billion through strategic partnerships. These initiatives include three real estate projects with a total investment of AED5 billion, 10 unique hospitality projects worth AED850 million, 18 projects in retail and entertainment sectors with investments exceeding AED870 million, and five projects in the arts and culture sectors worth AED447 million. Additionally, Shurooq has developed 10 projects in the food
Arada Completes Acquisition Of Major Sydney-Based Contractor As Australian Expansion Plans Gather Pace
Arada has acquired the New South Wales arm of Roberts Co, a leading Australian tier-one commercial construction company with a strong track record in delivering complex projects across a number of sectors, as the UAE-based master developer’s expansion plans in Australia gather pace. The transaction includes an immediate $20 million (AED47 million) recapitalisation of Roberts Co (NSW) Pty Ltd by Arada, securing the jobs of 120 direct employees and providing essential stability to another 600 employees across the construction supply chain in Sydney. The acquisition gives Arada greater control over the development of its future projects in Australia and also paves the