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  • 18-03-14

    Sharjah to invest USD400m in Islamic projects

    (MENAFN) The emirate of Sharjah said that it plans to invest USD400 million in 21 projects related to its selection as this year"s Islamic Culture Capital, Arabian Business reported. The funding includes USD38 million for the 4000-seat Al Majaz Island Amphitheatre, USD11 million for Islamic parks to display the cultural aesthetics of Islam and USD6 million on three heritage villages. Sharjah will also construct an Islamic university and several libraries to increase awareness of the identity, culture and history of Islamic civilization. Chairman of the executive committee for the Sharjah Islamic Culture Capital 2014 said: "The projects complement the cultural manifestations and human heritage that chronicle Sharjah"s story of knowledge and science, promoting its status and key role in the international cultural system."

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