Shurooq to invest in US, Australia, GCC, Arab countries: Marwan Al Sarkal

Shurooq to invest in US, Australia, GCC, Arab countries: Marwan Al Sarkal

Al Sarkal says the vision of Shurooq is to expand its trademark globally like other national companies, such as Emirates and Etisalat. It is now engaged in tourism, environment, transport and project management sectors and will soon invest in health, education and robotics

Al Sarkal said Shurooq projects will be inaugurated by the end of the year in Kalba, including a commercial centre and an affiliated hotel, designed by a world-famous Mexican architect that will also be part of Marriott’s Autograph Collection. — File photo

By Wam Published: Mon 28 Feb 2022, 6:00 PM

Marwan bin Jassim Al Sarkal, executive chairman of the Sharjah Investment and Development Authority (Shurooq), on Monday announced that it is currently considering investing in several Arab and Gulf Cooperation Council (GCC) countries, including Egypt, Saudi Arabia, Oman and Qatar.

Shurooq has received a proposal to establish similar entities to Sharjah Sustainable City in Australia and the US, he noted, adding that it also plans to invest soon in fish farming and vertical agriculture.

In an exclusive interview with the Emirates News Agency (Wam), Al Sarkal stressed that the vision of Shurooq is to expand its trademark globally like other national companies, such as Emirates and Etisalat. It is now engaged