Tag Archives: HE Marwan bin Jassim Al Sarkal

Shurooq has announced the launch of two new beach development projects, worth a total of AED 197 million, complete with world-class public amenities to develop the emirate’s retail, tourism and hospitality infrastructure and enhance Sharjah’s appeal as an ideal leisure and adventure destination for residents and visitors. The upcoming AED 110 million Al Luluyah Beach project, located on the eastern coast of the emirate in Khorfakkan, and the AED 87 million Al Hira Beach project in Sharjah city, will include facilities suitable for all visitors, children’s playgrounds, restaurants, cafes and retail outlets. The Al Luluyah Beach development plans also includes a women-only beach, public beaches, and swimming pools These plans were announced by HE Marwan bin Jassim Al Sarkal, Executive Chairman of Shurooq, during a live interview he appeared on the “Direct Line” program which airs on Sharjah Radio and TV, affiliates of the Sharjah Broadcast Authority yesterday (Sunday, May 30), where he highlighted that the new developments reiterate the vision of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to further develop the emirate’s infrastruce in a way that supports leisure, social interaction and community development by offering residents and citizens world-class public amenities.

HE Marwan bin Jassim Al Sarkal, Executive Chairman, Shurooq said, “Tourism has long been a leading employer and an economic pillar for nations worldwide. Sharjah, the third largest emirate of the UAE, has been hailed by global travellers and industry experts alike as a regional hub for unique local, nature-inspired and environment friendly experiences. For over a decade, Shurooq has envisioned and delivered tourism and hospitality projects that celebrate the emirate’s history, cultural richness and natural diversity. With over 10 successful projects in the sector, Shurooq has turned its attention to driving investments to the central and eastern regions of Sharjah with an undertaking of four large-scale projects in Khorfakkan, Kalba, Al Dhaid and Mleiha. It would be fitting to mention here, that the spirit behind these projects is very much in alignment with the theme of this year’s World Tourism Day, ‘Tourism and Rural Development’.” “Along with our vision to enhance tourist experiences by allowing them explorations across all regions of Sharjah, Shurooq’s ambition is to leverage the unique role tourism plays in providing opportunities outside city centres, and preserving our cultural and natural heritage,” Al Sarkal concluded.

This picturesque oasis is first of its kind in the UAE with a unique design inspired by traditional Emirati heritage. It is the ultimate desert experience nestled in Al Badayer desert’s burnt orange dunes, which are famously known to be ‘made for adventure’. Al Badayer is one of the most popular tourist areas in Sharjah and the UAE, favoured by dune bashers, camping enthusiasts and international tourists flying in to savour authentic Emirati experiences. In 2017, Shurooq began an ambitious AED130 million project to raise Sharjah’s profile as a destination for luxury ecotourism and its vast natural diversity through the ‘Sharjah Collection’. With Al Badayer Oasis now on the tourism market, all three of the Sharjah Collection’s high-end boutique destinations – the Kingfisher Lodge in Kalba, Al Faya Lodge close to the Fossil Rock area in Mleiha and Al Badayer Oasis in Al Badayer Desert – have met Shurooq’s projected two-year completion timeline. HE Marwan bin Jassim Al Sarkal, Executive Chairman of Shurooq, said, “Through this eco-oasis, Shurooq aims to advance responsible tourism practices and wildlife conservation in the UAE and Sharjah, and to support the Sharjah Commerce and Tourism Development Authority’s (SCTDA) Sharjah Vision 2021, which is to attract 10 million tourists into the emirate”.  Simon Coombs, President & CEO of Shaza Hotels, stated, “We are delighted to expand our presence in the UAE with a unique property like Al Badayer Oasis, another successful project with Shurooq. We are thrilled for this partnership and look forward to delivering unparalleled experiences to Sharjah.”

The fourth edition of the two-day Sharjah FDI Forum titled ‘Shaping the Future of Economies’, got underway in the presence of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member Ruler of Sharjah. The event opened with optimistic comments by the HE Sultan Bin Saeed Al Mansouri, Minister of Economy, the UAE, and the Shurooq Executive Chairman about the nation’s readiness to promote foreign direct investments (FDIs) as an enabler of sustainable development, despite the slump experienced globally – especially in developed economies – in 2017. Al Mansouri shed light on how the new UAE Investment law has come into force to consolidate the nation’s position for FDI both regionally and globally, in line with the UAE Vision 2021 and the UN Sustainable Development Goals 2030. Global flows of foreign direct investment (FDI) fell by 16 per cent in 2017 to an estimated US$1.52 trillion, from a revised US$1.81 trillion in 2016, according to the latest World Investment Report. The Economic Minister cited examples like the approval of 10-year visas for those in the fields of science, technology; new stimulus packages like bank guarantees; flexible remittances; 100 per cent business ownership by foreign investors; the promotion of entrepreneurship, technology transfer, and building capacities of national cadres. Al Mansouri remarked, “There is a need to promote cooperation and dialogue to turn this negative decline around. The UAE has number 1 position in FDI in the Arab region. It is forums like this that offer a platform for the same, and will contribute to mapping of FDI in Sharjah and the UAE.” He explained that the UAE Agenda 2021 has a focus on attracting qualitative investments targeted towards achieving sustainable …

At a time when the Kingdom of Saudi Arabia’s National Transformation Plan is well underway to reduce the nation’s public-sector dependence by 2030, a delegation from Sharjah visited two major cities of the Kingdom — Jeddah and Mecca recently to explore prospects for new partnerships in non-oil sectors, which will drive regional growth. The Sharjah FDI office (Invest in Sharjah) led the delegation, taking them on a ‘Sharjah Roadshow in The Kingdom of Saudi Arabia’ through the two cities, and facilitated various networking meetings with leading Saudi businessmen, government representatives and industry experts. Through the two-day roadshow, Saudi Arabian players took a closer look at Sharjah’s rapidly diversifying and investor-friendly economy in major non-oil sectors including tourism, hospitality, real estate, trade, media, health, education, renewable energy and SMEs. They explored ways in which they can leverage these opportunities to promote and strengthen KSA’s private sector. The delegation comprised HE Aref Ali Al Tabour Al Nuaimi, Consul General of the UAE, Jeddah; HE Marwan bin Jassim Al Sarkal, Executive Chairman, Sharjah Investment and Development Authority (Shurooq); Sheikh Saud bin Mohammed Al Qasimi, Deputy Head — Industrial Investment, Sharjah Economic Development Department and Mohammed Juma Al Musharrkh, CEO, Invest in Sharjah. The delegation also included Ibrahim Al Hashimi, Director — Government Relations, Sharjah Media City (Shams); Samer Bukamel, Vice President — Sales, ARADA and a number of officials and representatives from government and private bodies in Sharjah. Al Sarkal highlighted the strong bilateral relations the UAE and KSA share, especially in economic sectors. The UAE is the Kingdom’s biggest trade partner in the Gulf and greater Arab region. In 2017, the value of trade between the two countries was approximately $23 billion. He …

More than 500 business leaders and 30 industry experts, chief executives and decision-makers representing the region and the world, are expected to attend the fourth edition of Sharjah FDI Forum, to be held on December 10 and 11 in Sharjah. The event is set to witness discussions on corporate investment strategies, expansion opportunities, and explore the latest in solutions, innovations and best practices within the global economy. Under the patronage of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Sharjah FDI Forum 2018 is organised by the Sharjah Investment and Development Authority (Shurooq) and the Sharjah FDI Office (Invest in Sharjah), with the endorsement of the UAE Ministry of Economy and in strategic partnership with CNBC Arabia. The forum will be held under the theme, ‘Shaping the Future of Economies’ at the Al Jawaher Reception and Convention Centre in Sharjah. A press conference was recently organised to unveil the forum’s programme details. It was attended by HE Marwan bin Jassim Al Sarkal, CEO, Shurooq; Mohammed Juma Al Musharrkh, CEO, Invest in Sharjah, several representatives from government authorities, and media personnel. Al Musharrkh unveiled the forum’s comprehensive six-panel agenda, which will highlight the role of sustainable development in shaping the future of global economies. He also announced that for the first time, Sharjah FDI Forum will be hosting a special workshop on December 9, organised and conducted by the World Association of Investment Promotion Agencies (WAIPA), targeting a number of investment promotion agencies from around the world, to discuss latest practices of promoting investment opportunities by studying investor needs and embracing latest technological breakthroughs to identify in-demand sectors.