Sharjah is increasingly focusing on sustainable development and diversified investment, with the Sharjah Investment and Development Authority (Shurooq) playing a key role in its economic and cultural growth. As it marks its 15th year, Shurooq announced the completion of 52 projects spanning more than 60 million square feet, with total investments reaching $1.94 billion through strategic partnerships.

The projects cover a range of sectors, including real estate, tourism, hospitality, culture, and entertainment. Notable investments include three real estate developments valued at $1.36 billion, 10 hospitality projects worth around $231 million, 18 retail and entertainment ventures totaling over $236 million, and five cultural initiatives amounting to $121 million. Shurooq has also launched 10 food and beverage projects and six joint ventures with various partners.

Reflecting its commitment to environmental sustainability, the authority has developed 7.7 kilometers of waterfronts and implemented various green projects. Collectively, these initiatives have created over 5,000 jobs, including 1,095 through collaborations with 10 local and international entities.

Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Shurooq, stated, “Over 15 years, Shurooq has been a model of ambition, transforming Sharjah through our diverse investments and partnerships that have strengthened the emirate’s economy and enriched its cultural landscape. Our projects reflect our commitment to the vision of H.H. Sheikh Dr. Sultan bin Muhammad Al Qasimi to position Sharjah as a global destination for business, tourism, and innovation. We believe that our success lies in our ability to adopt a long-term vision, invest in effective partnerships, and commit to building a prosperous future for all.”

Ahmed Obaid Al Qaseer, CEO of Shurooq, added, “Since its establishment, Shurooq has been dedicated to contributing to the economic, social, and cultural future of Sharjah. Our projects are guided by a clear vision inspired by the directives of H.H. Sheikh Dr. Sultan bin Muhammad Al Qasimi and supported by Sheikha Bodour bint Sultan Al Qasimi. We have implemented this vision through integrated development projects that prioritise people and place at the heart of growth. Our strategy is based on diversity, sustainability, and strategic partnerships.”