Sharjah: Sheikh Abdullah Bin Salem Bin Sultan Al Qasimi, Deputy Ruler of Sharjah, on Thursday, opened the 7th edition of the Real Estate Investment Exhibition (ACRES 2020) at the Expo Centre Sharjah.

With the participation of more than 40 local and international real estate companies and developers, ACRES 2020 is held under the patronage of Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and organised by the Sharjah Chamber of Commerce & Industry (SCCI) collaboratively with the Sharjah Real Estate Registration Department (SRERD) and the Representative Committee of the Real Estate Sector Business Group working under the SCCI umbrella.

The inauguration ceremony was attended by Abdullah Sultan Al Owais, Chairman of Sharjah Chamber of Commerce and Industry, Sultan Abdullah Bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department, and a number of SCCI’s board members.

Also present were Marwan Bin Jassim Al Sarkal, CEO of Sharjah Investment and Development Authority (Shurooq), Abdul Aziz Ahmed Shams Al Shamsi, Director General of Sharjah Real Estate Registration Department, Mohamed Ahmed Amin, SCCI’s Director-General, Saif Mohammed Al Midfa, CEO of Expo Centre Sharjah, Abdulaziz Rashid Al Saleh, Director General of the Real Estate Registration Department, and Saeed Ghanem Al Suwaidi, Chairman of the Representative Committee of the Real Estate Sector Business Group.

A number of directors and heads of government departments, businessmen and real estate investors also attended the event.

Following the inauguration, Sheikh Abdullah Bin Salem Al Qasimi, accompanied by Abdullah Sultan Al Owais and the attendees, toured the exhibition pavilions, where they were briefed on the real estate projects offered by the exhibitors and their future projects as well.

Sheikh Abdullah commended the good organisation of the exhibition and the distinguished services provided to visitors and investors, something which reflects the keenness of the Emirate of Sharjah to reinforce its position and reputation as a leading economic hub for entrepreneurship and investment in various sectors.

Promoting Sharjah’s Real Estate Sector

Abdullah Sultan Al Owais expressed his thanks and gratitude to His Highness Sheikh Dr. Sultan Bin Muhammad Al Qasimi for his wise directives which strengthen the SCCI’s achievements and activities aimed at achieving diversification and sustainable development of Sharjah’s economy.

Al Owais extended thanks to the Crown Prince of Sharjah for his vigorous follow-up and support to the SCCI’s plans and activities, appreciating the attendance of Sheikh Abdullah and opening the exhibition.

“At the SCCI, we are keen on organising such events and exhibitions as they contribute to raising growth rates of different economic sectors, by providing platforms for exchanging experiences and visions between the stakeholders. ACRES is a clear-cut example of those exhibitions thanks to its vital role in promoting Sharjah’s real estate sector, by highlighting the facilities and laws encouraging investment in the emirate, shaping future investment trends in this vital sector, increasing synergy the government and private sectors, as well as harmonizing visions about the most effective ways to attract investors and to reinforce the status of Sharjah’s economy.”