H.H. Sheikh Mohammed bin Hamad Al Sharqi, Crown Prince of Fujairah, officially opened Al Taif Business Center – an AED 470 million mixed use development by Taif Investment in Fujairah. Al Taif Investment is a joint venture between Dubai Investments - the leading diversified investments company listed on the Dubai Financial Market and Fujairah Investment Establishment (FIE), the investment arm of the Fujairah Government.
The inauguration also marked the opening of the Zawaya Ghars Al Awwal 2023 exhibition for productive families.
Al Taif Business Center, the flagship development located at the heart of Fujairah, comprises of a mall, office spaces, a 5-star hotel and residential apartments, designed and developed to offer an ideal leisure and business destination in Fujairah, carefully crafted to meet the evolving needs of the emirate.
“Our investment within the emirate of Fujairah reflects our commitment to tapping into high potential markets and contributing to its economic growth. With an increased focus on urban development and with the emirate channeling its efforts and resources towards further elevating its appeal, we are positive that projects like Al Taif Business Center will serve as a catalyst in supporting and contributing to the government’s future vision. This project marks an important milestone for Al Taif Investment’s business in Fujairah and reaffirms the continued focus on capitalising through lucrative opportunities in the future”, said Khalid Bin Kalban, Chairman of Al Taif Investment – Developer of Al Taif Business Center.
Al Taif Business Center, designed to cater to the business, leisure and the residential requirements of the emirate, comprises of 45 retail outlets, 228 hotel rooms, 79 residential apartments and customized office spaces. The center is situated within the Town Centre and is adjacent to Hamad Bin Abdulla Street and a short five-minute drive away from the Fujairah International Airport.