Tag Archives: development

Shurooq channels AED 447 million into five projects, reinforcing Sharjah’s global cultural status

These projects form part of a comprehensive strategic portfolio of 52 developments spanning 60 million sq. ft. across Sharjah, with total investments and partnerships exceeding AED 7.2 billion. The five projects that anchor Shurooq’s achievements in this sector are the Heart of Sharjah, House of Wisdom, Al Noor Island, Maraya Art Centre and 1971 Design Space, and Mleiha National Park. Collectively, they reflect Shurooq’s commitment to fostering a thriving cultural economy rooted in heritage, creativity, and sustainability. Over the past 15 years, the Sharjah Investment and Development Authority (Shurooq) has advanced beyond traditional urban development to firmly establish Sharjah as a global centre for culture and the arts, a sustainable platform for knowledge, and a dynamic destination for the creative economy in the region. According to Shurooq’s recently issued 15-year progress report, the authority has delivered five major projects in the Arts & Culture sector, with total investments and partnerships amounting to AED 447 million. These are part of a comprehensive strategic portfolio that includes 52 projects across various sectors, spanning a total area of 60 million square feet throughout the emirate, with total investments and partnerships exceeding AED 7.2 billion. These efforts align with UNESCO reports, which emphasise that cultural and creative projects are a significant economic and social driver, contributing meaningfully to GDP, creating job opportunities, and strengthening social cohesion, while also having a positive impact on sustainable development. This underscores the sector’s strategic importance as a key element in supporting sustainable growth and economic diversification, particularly in cities that adopt cultural identity as a central part of their urban fabric. These investments also support the UAE’s drive to position the creative economy as a cornerstone of its …

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JAPEX 2025: Jamaica set to redefine tourism with ‘local first’ approach

Jamaica has officially launched a new era in tourism, welcoming 160 global buyers from regions including the Middle East, Latin America, Asia, and Europe to JAPEX 2025. The event signals a fresh path forward for the island’s tourism sector, centered on innovation, inclusivity, and a powerful new “local first” approach.  Tourism Minister Edmund Bartlett praised Nicola Madden-Greig, Chair of JAPEX Planning Committee for her leadership in helping the Caribbean achieve the fastest tourism recovery post-COVID. He also emphasised the role of tourism as a key driver of the economy, powering growth and opportunity across Jamaica.  “This is the year of new thinking in tourism,” said Minister Bartlett. “We want to make the next five years a time of serious growth, development, and inclusive tourism. We aim to deepen local involvement in the rich and lucrative tourism value chain, so that tourism works even more for the people of Jamaica.”  He added that new policies and legislation will support this “local first” approach, with global partners playing a key role in making tourism more beneficial for Jamaicans than ever before. With global tourism expected to reach 3 billion travellers by 2035, Jamaica is preparing to redefine its role on the world tourism stage.

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