Arada has consolidated its lifestyle assets into a separate division with new leadership as the master developer continues to see healthy growth outside its core residential business. The new Hospitality and Entertainment division incorporates a range of rapidly growing segments including Wellness, Hospitality, Arada’s F&B operations and Events. The new division is headed up by Amit Arora, Arada’s new Chief Operating Officer, who has recently joined the company from Erth Abu Dhabi. A hospitality veteran with 28 years of experience in the UAE, Germany and the US, Arora has previously held leadership roles at The Ritz-Carlton Hotel Company, Emaar Hospitality and

Alef Group, the leading real estate development company in the Emirate of Sharjah, has announced the handover of 819 residential units to customers at Al Mamsha, Souks’s zone. Issa Ataya, CEO of Alef Group said: “This milestone marks a significant moment in the growth of the community, and it's truly a testament to the remarkable development of Al Mamsha and Sharjah. “Customers and residents benefit from our unwavering commitment to exceptional quality.” He added: “Al Mamsha holds a special significance in Muwaileh, serving as a vibrant hub for residents and businesses alike. Its unique footprint in the area has not only transformed the

Arada has awarded two contracts valued at AED615 million to build all 565 homes in Azalea, the fourth phase of Masaar, the popular megaproject based in the Suyoh district of Sharjah. Valued at AED9.5 billion and containing 3,000 villas and townhouses spread over six phases, Masaar is defined by a 'green spine' of 70,000 trees, offering a nature-inspired lifestyle to its residents. Construction on Azalea will begin immediately and all homes will be completed and handed over by the end of 2025. The awards mean that over 1,500 homes in the second, third and fourth phases at Masaar are now under construction,

Arada has completed the first eight residential buildings in Naseej District, a new creative hub based at the AED35 billion Aljada megaproject in Sharjah. Each of the 920 homes in the eight Tiraz buildings is closeto an array high-quality cultural, artistic and retail destinations, including Il Teatro, a landmark performing arts space that has been designed by Japanese architect Tadao Ando. Featuring a range of studios, one-bedroom and two-bedroom apartments, the Tiraz buildings overlook courtyards and open spaces, and are linked to the rest of Naseej District by a lushly landscaped urban park. Smart home features come as standard across all

Binghatti Holding, a UAE property development company, will debut its US dollar sukuk in the “coming days,” subject to market conditions. The debut US dollar sukuk issuance, anticipated to be of benchmark size, is intended to have a three-year maturity and will support the company’s plans to diversify its funding base, a release stated. Emirates NBD, Dubai Islamic Bank, Abu Dhabi Islamic Bank, HSBC, Mashreq, Sharjah Islamic Bank, and RAKBANK have been appointed as Joint Lead Managers and bookrunners on the contemplated inaugural debt capital markets transaction. Fitch Ratings recently assigned Binghatti Holding a B+ credit rating, with a positive outlook. Binghatti recently announced

Sheikha Bodour Al Qasimi, Chairperson of Sharjah Investment and Development Authority (Shurooq), has opened two new exhibitions, titled “Consciousness in Flux. Faig Ahmed” and “Hard Edges. Khalid Al Banna” at the Maraya Art Centre in Sharjah - a non-profit creative initiative by (Shurooq) that supports the region’s emerging and established artists. Both exhibitions will be running until 1st August 2024. The opening ceremony was attended by the CEO of Sharjah Investment and Development Authority (Shurooq), H.E. Ahmed Al Qaseer, as well as notable dignitaries from the art and culture sector of the UAE. In addition, representatives of the in-kind supporter Air

The annual report issued by Sharjah Real Estate Registration Department revealed that the volume of real estate transactions carried out during 2023 in the Central and Eastern Regions of the emirate, amounted to AED1.2 billion, compared to AED1 billion during 2022. These transactions were in 114 areas through the department’s branches in the Central Region and cities of Khor Fakkan, Dibba Al-Hisn, and Kalba, and the total real estate transactions carried out through the department’s branches reached 26,172. The trading volume in the four branches represented 4.4% of the total trading in the real estate sector in Sharjah during the same period.

The annual report issued by Sharjah Real Estate Registration Department revealed that the volume of real estate transactions carried out during 2023 in the Central and Eastern Regions of the emirate, amounted to AED1.2 billion, compared to AED1 billion during 2022. These transactions were in 114 areas through the department’s branches in the Central Region and cities of Khor Fakkan, Dibba Al-Hisn, and Kalba, and the total real estate transactions carried out through the department’s branches reached 26,172. The trading volume in the four branches represented 4.4% of the total trading in the real estate sector in Sharjah during the same period.

Alef Group has expressed its pride in serving as an Enable Partner for the Sharjah Entrepreneurship Festival, which will be held on February 3 and 4, 2024, and is organised by the Sharjah Entrepreneurship Centre, "Sheraa’’. As the leading real estate company in the Emirate of Sharjah, Alef Group offers a modern lifestyle model and unique experiences to enhance luxurious living. The Group also plays a pivotal role in catering to the evolving needs of the new generation of entrepreneurs actively contributing to the development of Sharjah. Confirming its commitment, Alef Group stated that its support for national festivals aligns with its

After 16 years of extensive exploration and testing, a research team from American University of Sharjah (AUS) and the Sharjah Research Technology and Innovation (SRTIP) are set to throw open the doors of the precast building made of conductive concrete used for shielding. Located at the SRTIP, the innovative building uses a concrete mix that provides protection from electromagnetic pulses (EMP), otherwise known as electronic sabotage, for the protection of vital civilian and military infrastructure. Two patents have already been filed with the United States Patent and Trademark Office for the technology. The path-breaking innovation is the brainchild of two lead researchers