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Sharjah reinforces its position as a regional hub for realty investment
Sharjah reinforces its position as a regional hub for realty investment

Gulf Today

time18-06-2025

  • Business
  • Gulf Today

Sharjah reinforces its position as a regional hub for realty investment

Business Bureau, Gulf Today Preparations are progressing swiftly for the upcoming edition of the Sharjah Real Estate Exhibition, 'ACRES 2026' which is set to take place from January 21st to 24th, 2026. The event is attracting significant attention from both government and private sector entities involved in Sharjah's real estate sector. As part of the lead-up to this major event, the Sharjah Real Estate Registration Department, in collaboration with the Sharjah Chamber of Commerce and Industry and Leaders event management company, convened an extensive coordination meeting. The session brought together officials and representatives from key strategic partners to review developmental plans and proposals aimed at enhancing the exhibition's readiness. Enhancing the Experience for Visitors and Exhibitors In this regard, Abdulaziz Rashid Al-Saleh, Director of the Sharjah Real Estate Registration Department, stated: 'The Sharjah Real Estate Exhibition (ACRES) serves as a strategic platform that reinforces Sharjah's position as a regional hub for real estate investment. It provides an optimal environment for knowledge exchange and the introduction of the latest sector's innovations.' 'Through our current preparations, we are working diligently to elevate the experience for both visitors and exhibitors by leveraging advanced digital services and fostering impactful partnerships—reflecting the emirate's commitment to excellence and sustainability.' Al-Saleh further added: 'We are fully committed to ensuring that the upcoming edition is a true embodiment of Sharjah's vision for digital transformation and real estate transparency. We are mobilizing our technical and human resources to deliver an exhibition aligning with the emirate's stature and contributing meaningfully to sustainable economic growth.' Saeed Ghanem Al-Suwaidi, Chairman of the Representative Committee of the Real Estate Sector Business Group at Sharjah Chamber of Commerce and Industry, emphasised the exhibition's strategic importance, stating: 'At the Sharjah Chamber of Commerce and Industry, we recognize the vital role that specialised exhibitions play in driving economic advancement. Therefore, 'ACRES 2026' is an ideal platform for showcasing high-quality projects and attracting substantial real estate investment. We are focused on delivering a more comprehensive and distinguished edition by nurturing public-private partnerships and offering an engaging platform that caters to diverse investor and visitor profiles.' The goal is to deliver an outstanding edition that resonates with the emirate's ambitions and fulfils the expectations of stakeholders across the real estate sector. These initiatives align with the Sharjah Real Estate Registration Department's rapid strides in digital transformation, marked by the rollout of smart, cutting-edge services that streamline procedures and improve operational efficiency. Additionally, these developments significantly enhance the experience for exhibitors and visitors alike, creating an ideal setting for the presentation of innovative real estate solutions. An edition that elevates the emirate's ambitions and aligns with the aspirations of investors and exhibitors Intensive preparations are underway for the launch of the Sharjah Real Estate Exhibition 'ACRES 2026' this January. The upcoming edition is poised to build on the accomplishments of its predecessor, which solidified ACRES' reputation as one of the region's premier specialised real estate platforms. The previous event created a dynamic and interactive environment that brought together leading real estate developers, entrepreneurs, and key decision-makers. It played a pivotal role in invigorating the market and strengthening investors' confidence in the emirate. In addition, the exhibition offers a prime opportunity for companies to promote their projects and unveil their latest developments to a wider audience of investors and stakeholders. Offering a Range of Smart Real Estate Services 'ACRES 2026' is expected to witness significant participation from both government and private entities. The event will also feature a variety of smart real estate services and a rich programme of accompanying events designed to stimulate dialogue on the future of the real estate industry. It will also explore prospects for growth and development across local, regional, and international markets. Meanwhile the Emirate of Sharjah recorded strong performance in its real estate sector during May 2025, with total trading value of Dhs5.5 billion across 8,415 transactions in various areas of the emirate. The total traded area of sales transactions reached 13.2 million square feet, which reflects the continued strength and strategic development of the emirate's real estate market.

SCCI spotlights business groups as key to private sector growth
SCCI spotlights business groups as key to private sector growth

Sharjah 24

time27-05-2025

  • Business
  • Sharjah 24

SCCI spotlights business groups as key to private sector growth

The initiative is part of the Sharjah Chamber's strategy to stimulate private sector growth, enhance its contribution to sustainable development, and elevate the competitive performance of businesses operating in their respective industries, both within Sharjah and beyond. This announcement was made during a meeting held by the Sharjah Chamber with heads of Sectoral Business Groups. These groups represent key economic sectors, including manufacturing, real estate, serviced apartments, and used car trade, retail centers, hospitality, food trade and industry, and legal services. Chaired by Abdallah Sultan Al Owais, Chairman of SCCI, the meeting was attended by Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI; Dr Fatema Khalifa Al Muqarrab, Director of International Relations at SCCI; and Amjad Awad al Karim, Head of the Sectoral Business Groups Department. The meeting highlighted the key elements of the upcoming action plan to elevate the performance of SCCI's Sectoral Business Groups. Discussions covered proposed initiatives for 2025, including forming new sectoral groups, hosting a brainstorming session for the groups in collaboration with the Chamber's Business Councils Department, and supporting engagement in domestic and international events. The plan also encompasses hosting awareness workshops on economic laws and regulations, along with maintaining periodic meetings to enhance engagement with key economic sectors. The objective is to assess sector-specific needs and relay them to decision-makers, paving the way for tailored initiatives and incentives that foster business growth and operational advancement. In his remarks, H.E Abdallah Sultan Al Owais underscored the strategic role of sector-specific working groups as core partners to the Sharjah Chamber in advancing private sector development and supporting the emirate's broader economic objectives. He noted that the Sharjah Chamber's initiative to establish new sectoral business groups reflects its vision to adapt to global economic shifts by broadening the representation of emerging industries. These efforts aim to strengthen Sharjah's investment climate, expand local and international business partnerships, reinforce public-private sector collaboration, and unlock opportunities that enhance the emirate's overall economic competitiveness. During the meeting, heads of Sectoral Business Groups presented the key achievements and milestones achieved during the current year and introduced their forward-looking strategies. Saeed Ghanem Al Suwaidi, Head of the Real Estate Sector Business Group, highlighted a series of initiatives designed to drive real estate investment and broaden development project portfolios in response to Sharjah's urban and demographic growth. He also addressed preparations underway for the upcoming edition of the Sharjah Real Estate Exhibition "ACRES 2026". Meanwhile, Lalu Samuel, Head of the Industries Sector Business Group, pointed to the ongoing efforts to launch strategic programs that position local industries for stronger global competitiveness and sustainable growth. For his part, Khaled Omar Mohammed Batarfi, Head of the Used Car Trade Sector Business Group, outlined initiatives aimed at enhancing infrastructure at Sharjah's Souq Al Haraj and expediting digital upgrades in vehicle licensing processes. Abdullah Al Blooshi, Head of the Shopping Centers Sector Business Group, pointed to the sector's success in attracting new investments and increasing footfall, underscoring its commercial appeal and contribution to economic growth. Fadi Musharafieh, Head of the Hotels Sector Business Group, outlined the group's upcoming work plan, which includes increasing hotel occupancy rates, promoting cultural, educational, and historical tourism, and encouraging sustainability across the hospitality sector. Meanwhile, Rabih Abou Mourad, Deputy Chairman of the Hotel Apartments Sector Business Group, affirmed the group's commitment to increasing the number of serviced apartments and attracting a broader international clientele, with targeted summer promotions aimed at stimulating inbound and domestic tourism.

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