Sharjah ruler appoints Marwan Al Sarkal as executive chairman of Shurooq
Mr Al Sarkal was previously CEO of the investment agency
Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued an emiri decree promoting Marwan Al Sarkal as executive chairman of Sharjah Investment and Development Authority, or Shurooq, state-run Wam news agency reported on Sunday.
Mr Al Sarkal previously held the role of chief executive of Shurooq.
Shurooq's portfolio ranges from commercial, retail, hospitality, and eco-tourism projects and includes Al Noor Island, Al Qasba, Eye of the Emirate, Al Majaz Waterfront, Al Montazah Amusement and Water Park, Mleiha Archeological Center, Heart of Sharjah, and City Sightseeing Bus Tour.
Plans for a trio of real estate projects worth Dh2.7 billion to be built in Sharjah and involving Shurooq were unveiled by the emirate's ruler in January.
The three projects are the first to be developed by Eagle Hills Sharjah Development, a partnership between Shurooq and Abu Dhabi-based real estate developer Eagle Hills.
Sheikh Sultan launched the three mixed-use projects - Maryam Island, Kalba Waterfront, and Palace Al Khan - at a ceremony at Expo Centre Sharjah.
Updated: May 20, 2018 06:09 PM