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Sharjah-based real estate developer Arada awarded a Dh180 million ($49m) contract to Al Ashram Contracting to build a new residential complex at its Aljada master development in the emirate.
Dubai-based contractor Al Ashram will build three residential apartment blocks and other amenities at the Dh24 billion mixed-use development, the company said in a statement on Sunday.
“These . homes in one of the most desirable parts of Aljada have been welcomed by investors and end-users and will be a valuable addition to Sharjah’s property landscape on completion,” Sheikh Sultan bin Ahmed Al Qasimi, chairman of Arada, said.
Arada is a joint venture between KBW Investments – a company controlled by Saudi Arabia’s Prince Khaled bin Alwaleed – and Sharjah-based Basma Group. The company set a target to increase annual sales to Dh3bn by 2025, its chief executive Ahmed Alkhoshaibi told
UAE developer launches 8b dirham Sharjah project businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
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Sharjah-based real estate developer Arada launched its third project, valued at Dh8 billion ($2.2bn), in Al Juwaiza’a district of New Sharjah.
Construction on the Masaar residential project is scheduled to begin in the second quarter of 2021 with the first homes due to be handed over in the first quarter of 2023, Arada said in a statement on Sunday. The 19 million square foot project will include a total of 4,000 villas and townhouses. Interest in high-quality, well-designed master-planned communities in Sharjah remains strong, and we are confident that the Masaar lifestyle and the impressive list of amenities will resonate with end-users and investors, Sheikh Sultan bin Ahmed Al Qasimi, chairman of Arada, said.
ISLAMABAD: Pakistan Bar Council (PBC) vice chairman Khushdil Khan has urged the Supreme Court to fix a date for hearing of review petitions in the Justice Qazi Faez Isa case as early as possible.
The apex court had on Dec 10, 2020 reserved its ruling on whether the present six-judge bench or a 10-judge bench should adjudicate on a set of petitions seeking review in the Justice Isa case.
Khushdil Khan, who belongs to the Independent Group (commonly known as the Asma Jahangir Group), was elected PBC vice chairman during the 231st meeting of the council held at the Supreme Court building here on Thursday. Attorney General Khalid Jawed Khan, who presided over the meeting, left soon after the election.