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Al Khayyat Investments acquires 10 per cent stake in Sharjah Investment Centre.


Summary: Al Khayyat Investments has acquired a 10 per cent stake in Sharjah Investment Center (SIC), the 3.5 million square meter Noun 1. square meter - a centare is 1/100th of an are
centare, square metre

area unit, square measure - a system of units used to measure areas
 project that is considered one of the regionCOs most significant property developments.

"Al Khayyat Investments enters new investment areas after evaluating in due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  the potential projects under consideration. After careful evaluation, we found that Sharjah Investment Centre offers huge growth potential because of its strategic location and the strength of its promoters,C[yen] said Amer Al Khayyat, Managing Director of Khayyat Investments. C[pounds sterling]We are proud to be associated in this development and we look forward to a fruitful fruit·ful  
adj.
1.
a. Producing fruit.

b. Conducive to productivity; causing to bear in abundance: fruitful soil.

2.
 relationship with the centre and SinoGulf, the major stakeholder stakeholder n. a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property.  in the project.C[yen]

Al Khayyat Investments has acquired a 10 per cent stake in Sharjah Investment Center (SIC), the 3.5 million square meter project that is considered one of the regionCOs most significant property developments. "Al Khayyat Investments enters new investment areas after evaluating in due diligence the potential projects under consideration. After careful evaluation, we found that Sharjah Investment Centre offers huge growth potential because of its strategic location and the strength of its promoters,C[yen] said Amer Al Khayyat, Managing Director of Khayyat Investments. C[pounds sterling]We are proud to be associated in this development and we look forward to a fruitful relationship with the centre and SinoGulf, the major stakeholder in the project.C[yen] One of the UAE's biggest projects and the very first in Sharjah, Sharjah Investment Centre consists of residential, commercial and industrial plots carefully planned by SNASCO, the region's leading real estate and development firm. Strategically located between Emirates Road Emirates Road (E311) (known in Arabic as شارع الإمارات) is one of the longest roads in Dubai, United Arab Emirates. The road extends from Jebel Ali Free Zone up to Sharjah.  and the new Pan Emirates highway which is under construction, the SIC has easy access to and from all parts of UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. , and it is located just a few minutes away from major airports, sea ports and free zones. The entry of investors like Al Khayyat Investments was facilitated by SinoGulf, the major stakeholder in the project. Hussain Al Awlaqi, Managing Director, SinoGulf, said: "Every component of the SIC has been master planned specifically with convenience and growth in mind. A self contained development, the SIC provides a wide array of superior facilities and amenities. As the investment body and main stakeholder of Sharjah Investment Center, we are pleased to have a strategic partner as Al Khayyat Investments to help us further grow the project with a far sighted vision and strategic approach. We share Al KhayyatCOs values and vision and we think that the entry of a holding company will definitely add value to SIC.C[yen] The key features of Sharjah Investment Centre include 60 meter wide roads, state of the art infrastructure and telecommunications links Uplink

For other uses, see Uplink (computer game) and .

An uplink (UL or U/L) is the portion of a communications link used for the transmission of signals from an Earth terminal to a satellite or to an airborne platform. An uplink is the inverse of a downlink.
, reduced energy costs through district cooling, high level of security, green areas and parks, community facilities of schools, recreational and sporting facilities, retail areas of grocery stores and general merchandise. The Sharjah Investment CentreCOs unique Mediterranean-style mixed use area offers G + 15 plots and commercial uses. Embodying the concept of "live- work and play" environment, the SIC's mixed use development can encompass an abundance of outstanding facilities such as furnished fur·nish  
tr.v. fur·nished, fur·nish·ing, fur·nish·es
1. To equip with what is needed, especially to provide furniture for.

2.
 apartments, retail outlets retail outlet npunto de venta

retail outlet npoint m de vente

retail outlet retail n
 and recreational centers. Designed to boost business activities, the SIC's Business Park represents an ideal location for companies to establish their local operations and house their administrative offices and regional headquarters. Apart from assuring returns to investors, SIC also focuses on making business a true pleasure. The business park offers an enchanting en·chant·ing  
adj.
Having the power to enchant; charming: enchanting music.



en·chanting·ly adv.
 cluster of G plus 4 plots, appropriately complemented by easy access to numerous facilities.SNASCO is developing SICCOs diverse portfolio of landmark properties and expansion plans. SNASCO focuses on real estate developments and investments based on long term planning and international standards guaranteeing the highest revenues while at the same time maintaining the Arab heritage and preserving the environment. SNASCO continues to grow investments by investing in creative, practical and modern real estate developments and strategic partnerships while adhering ADHERING. Cleaving to, or joining; as, adhering to the enemies of the United States.
     2. The constitution of the United States, art. 3, s 3, defines treason against the United States, to consist only in levying war against them or in adhering to their enemies,
 to regional cultural values.

A[umlaut umlaut (m`lout) [Ger.,=transformed sound], in inflection, variation of vowels of the type of English man to men. ] 2008 Al Bawaba (www.albawaba.com)

A[umlaut] 2008 Al Bawaba (Albawaba.com)

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Publication:Albawaba.com
Geographic Code:7UNIT
Date:Jun 26, 2008
Words:685
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