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English news

31-Jan-2016

Shurooq, Emaar, Eagle Hills establish Omran Properties in Sharjah

The Sharjah Investment and Development Authority (Shurooq) has signed a partnership agreement with Emaar Properties and Eagle Hills to establish a new real estate company in Sharjah, named Omran Properties. Under the agreement, Shurooq acquires 34% of the new company’s capital, while Emaar and Eagle Hills acquire 33% each. Through the agreement, Omran Properties will develop and manage the real estate sector in Sharjah. (Gulf News)

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