{"id":12074,"date":"2019-08-20T14:56:17","date_gmt":"2019-08-20T14:56:17","guid":{"rendered":"https:\/\/onplan.ae\/uaes-arad-to-expand-footprint-in-saudi-arabia-egypt-interview\/"},"modified":"2019-08-20T14:56:17","modified_gmt":"2019-08-20T14:56:17","slug":"uaes-arad-to-expand-footprint-in-saudi-arabia-egypt-interview","status":"publish","type":"post","link":"https:\/\/onplan.ae\/ar\/uaes-arad-to-expand-footprint-in-saudi-arabia-egypt-interview\/","title":{"rendered":"UAE\u2019s ARAD to expand footprint in Saudi Arabia, Egypt – Interview"},"content":{"rendered":"
\n

By: Mahmoud Gamal<\/strong><\/p>\n

The Sharjah-based Arad Real Estate Investment and Development Company (ARAD) currently considers a number of investment opportunities in Saudi Arabia, the company\u2019s chairman Sultan bin Ahmed Al Qasimi said.<\/p>\n

The company hopes to launch its first project in the kingdom in the near future, Al Qasimi told Mubasher in an interview.<\/p>\n

He stressed that Saudi Arabia is a great option for the company to invest in due to the kingdom\u2019s steady economy.<\/p>\n

Al Qasimi indicated that the company also considers entering the Egyptian market soon.<\/p>\n

He also added that ARAD had made its debut in the Saudi market by taking part in Cityscape Jeddah, as well as opening its first office outside the UAE in Riyadh.<\/p>\n

The company\u2019s office located in the Saudi Arabian capital is expected to open officially in September, he said.<\/p>\n

\"Image<\/p>\n

Egypt <\/strong><\/p>\n

ARAD plans to launch one of its projects in Egypt in the future after considering possible opportunities in the market, Al Qasimi noted.<\/p>\n

He also highlighted the strength of the Egyptian real estate sector amid the major projects currently being developed in the country.<\/p>\n

The UAE<\/strong><\/p>\n

The company plans to extend its presence in Dubai and aims to launch a new project in the emirates by the end of this year, Al Qasimi said.<\/p>\n

He indicated that ARAD will open a new office and sales centre in Abu Dhabi in the third quarter of 2019.<\/p>\n

\"Image<\/p>\n

Exceptional financial results<\/strong><\/p>\n

ARAD\u2019s chairman said that the company has recorded exceptional financial results from two projects in Sharjah; Nasma Residences and Aljada.<\/p>\n

The company has already begun handing over the units in Nasma Residences, while the construction work at Aljada is on track, he added.<\/p>\n

ARADA seeks to launch new units and communities at Aljada, the largest mixed-use real estate project in Sharjah, in the second half of 2019, Al Qasimi revealed.<\/p>\n

Moreover, the company has recruited an excellent team of over 200 employees to develop further major projects outside the emirate of Sharjah at the right time, he remarked.<\/p>\n

 <\/p>\n

Translated by: Mai Ezz El-Din<\/strong><\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

\n

By: Mahmoud Gamal<\/strong><\/p>\n

The Sharjah-based Arad Real Estate Investment and Development Company (ARAD) currently considers a number of investment opportunities in Saudi Arabia, the company\u2019s chairman Sultan bin Ahmed Al Qasimi said.<\/p>\n

The company hopes to launch its first project in the kingdom in the near future, Al Qasimi told Mubasher in an interview.<\/p>\n

He stressed that Saudi Arabia is a great option for the company to invest in due to the kingdom\u2019s steady economy.<\/p>\n

Al Qasimi indicated that the company also considers entering the Egyptian market soon.<\/p>\n

He also added that ARAD had made its debut in the Saudi market by taking part in Cityscape Jeddah, as well as opening its first office outside the UAE in Riyadh.<\/p>\n

The company\u2019s office located in the Saudi Arabian capital is expected to open officially in September, he said.<\/p>\n

\"Image<\/p>\n

Egypt <\/strong><\/p>\n

ARAD plans to launch one of its projects in Egypt in the future after considering possible opportunities in the market, Al Qasimi noted.<\/p>\n

He also highlighted the strength of the Egyptian real estate sector amid the major projects currently being developed in the country.<\/p>\n

The UAE<\/strong><\/p>\n

The company plans to extend its presence in Dubai and aims to launch a new project in the emirates by the end of this year, Al Qasimi said.<\/p>\n

He indicated that ARAD will open a new office and sales centre in Abu Dhabi in the third quarter of 2019.<\/p>\n

\"Image<\/p>\n

Exceptional financial results<\/strong><\/p>\n

ARAD\u2019s chairman said that the company has recorded exceptional financial results from two projects in Sharjah; Nasma Residences and Aljada.<\/p>\n

The company has already begun handing over the units in Nasma Residences, while the construction work at Aljada is on track, he added.<\/p>\n

ARADA seeks to launch new units and communities at Aljada, the largest mixed-use real estate project in Sharjah, in the second half of 2019, Al Qasimi revealed.<\/p>\n

Moreover, the company has recruited an excellent team of over 200 employees to develop further major projects outside the emirate of Sharjah at the right time, he remarked.<\/p>\n

 <\/p>\n

Translated by: Mai Ezz El-Din<\/strong><\/p>\n<\/p><\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12074","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/12074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/comments?post=12074"}],"version-history":[{"count":0,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/posts\/12074\/revisions"}],"wp:attachment":[{"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/media?parent=12074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/categories?post=12074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/onplan.ae\/ar\/wp-json\/wp\/v2\/tags?post=12074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}