Gulf Royals Invest in New Business District in Sharjah
March 6, 2025 - 14:37
In a significant move to enhance the UAE's commercial landscape, a prominent property firm has announced a substantial investment in the development of a new business park in Sharjah. The company, founded by the son of Saudi Arabia’s Prince Alwaleed bin Talal and a member of Sharjah’s ruling family, has awarded a contract worth 604 million dirhams (approximately $164 million) for the initial phase of the project.
This ambitious venture aims to create a modern business district that will attract both local and international companies, bolstering economic growth in the region. The development is expected to feature state-of-the-art office spaces, retail outlets, and various amenities designed to foster a dynamic business environment.
As the UAE continues to position itself as a global business hub, this investment reflects the confidence of Gulf royals in the ongoing potential of the region's property market. The new business park is anticipated to contribute significantly to Sharjah's economy and enhance its appeal to investors and entrepreneurs alike.
MORE NEWS
November 3, 2025 - 01:58
Meet Kadiatou Diawara: Championing First-Generation Business StudentsKadiatou Diawara, a dedicated student at Poole College, is on a mission to uplift and empower first-generation business students through her initiative, the First-Generation Business Collective....
November 2, 2025 - 00:54
From Layoff to Entrepreneur: A Journey of ResilienceMelanie Copeland faced an unexpected turning point when she lost her job, but instead of succumbing to despair, she embraced the opportunity to reinvent her life. In a remarkable display of...
November 1, 2025 - 01:22
Concerns Rise Over Telehealth and Cardiologist ShortageAt the recent TCT 2025 conference, Cathie Biga emphasized the critical need for telehealth services to remain as accessible as they were during the COVID-19 pandemic. `We need telehealth the way we...
October 31, 2025 - 06:44
A Father's Struggle Between Two Worlds: Raising a Son in BangkokAfter spending 15 years abroad, Duncan Forgan finds himself caught between two cultures while raising his son in Bangkok. He describes a profound sense of disconnection from his Scottish roots,...