Marwan Jassim Al Sarkal has been promoted to executive chairman of Sharjah Investment and Development Authority (Shurooq).
In a post on LinkedIn, Sarkal said the promotion follows "almost 10 years" of service as Shurooq's chief executive officer.
Shurooq's portfolio includes Al Qasba, Al Majaz Waterfront, Heart of Sharjah, Mleiha Archaeological Centre, Maryam Island, and Kalba Waterfront Mall.
Commenting on his appointment on LinkedIn, Sarkal said: "I would like to take this opportunity to thank HH Dr Sheikh Sultan Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, for the trust that he gave me in appointing me as the executive chairman.
"I would also like to thank [Shurooq chairperson,] Sheikha Bodour for all her support and leadership in guiding Shurooq from inception till today, [and...] my team that made everything that we see today happen.
"It all started with an idea and since then, we canproudly say that we transformed Sharjah," Al Sarkal added.
Earlier this week, it was announced that Shurooq had signed an agreement with REI Holding Group and Haewon Medical Foundation Sejong General Hospital to develop the first Korean hospital in Sharjah.
The hospital will be equipped with the same kind of healthcare technologies being used in Sejong General Hospital, located in Seoul, South Korea.
At the time of the project's launch, Shurooq said the newly signed agreement and the planned hospital project would help boost Sharjah's position as a healthcare destination across the GCC and the wider MENA region.