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Economy

Sharjah’s Dh26 billion budget for 2019 is people-friendly

Sharjah has announced a budget with total expenses of Dh25.7 billion for 2019, marking a 10 per cent growth in comparison to its budget last year. His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah approved the spending for 2019, which will see an increase in spending on public safety as ...

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SCCI discusses strengthening economic relations with Hungarian delegation

Sharjah Chamber of Commerce and Industry (SCCI) organised a business forum at its headquarters on Thursday, in the presence of Waleed Abdulrahman Bukhatir, Second Vice Chairman of SCCI, Verani Miklosi, First Vice President of the Hungarian Chamber of Commerce and Industry, and a delegation of 28 officials and businessmen representing 19 government and private entities. The discussions occurred during a ...

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Sharjah-India bolster economic ties during roundtable discussions

The Sharjah FDI Office, Invest in Sharjah, has organised the Sharjah-India Business Roundtable on the sidelines of the Indian-UAE Partnership Summit, as part of India’s continued interest in the emirate’s diversified economy. The roundtable focused on addressing the investment opportunities spanning across emerging sectors such as technology, artificial intelligence, AI, and renewable energy, in a bid to expand the number ...

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SEDD launches UAE Economic Planning Forum Fifth session

Held under the patronage of His Highness Sheikh Dr. Sultan bin Mohamad Al Qasimi, Supreme Council Member and Ruler of Sharjah, Sharjah Economic Development Department “SEDD”, with a strategic support from the Ministry of Economy and Abu Dhabi Economic Development Department, launches the fifth session of UAE Economic Planning Forum Tuesday 20th of November 2018, under the slogan “Future Economy ...

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Invest in Sharjah in KSA to Attract New Business and Boost Regional Economy

At a time when the Kingdom of Saudi Arabia’s National Transformation Plan is well underway to reduce the nation’s public-sector dependence by 2030, a high-profile delegation from Sharjah has visited two major cities of the Kingdom – Jeddah and Mecca, on November 26-27, to explore prospects for new partnerships in non-oil sectors, which will drive regional growth. The Sharjah FDI ...

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Sharjah FDI Forum 2018 showcases UAE’s competitiveness which combines best of developed and emerging markets

Mohamed Juma Al Musharrkh, CEO of the Sharjah FDI Office underscored that among the diversified set of topics the forum will cover is UAE’s position at the global investment map and discuss the best of developed and emerging markets. Stressing upon adaptability, he elucidated that staying abreast of technology, lifestyles, and changing managing systems is the solution. He also explained: ...

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UAE-India Joint Task Force holds meeting in Mumbai

The sixth meeting of the UAE – India High Level Joint Task Force on Investments was held on Monday in Mumbai to review the progress on agreed actions from the previous meeting held in Abu Dhabi in January 2018 and to elaborate a number of new key issues of mutual importance. The meeting was co-chaired by Sheikh Hamed bin Zayed ...

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Al Saja’a Industrial Oasis announces 5-year 0% interest payment plan

Al Saja’a Industrial Oasis (ASIO) has announced a special incentive of a payment plan in a bid to facilitate investors and businesses to set-up new trade in Sharjah or expand by taking advantage of its strategic location, world Class infrastructure and attractive payment plans. Announcing the new payment plan option, Ahmed Juma Al Musharrekh, Acting Director – Commercial at Sharjah ...

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SCCI explores avenues of cooperation with major Portuguese enterprises

The Sharjah Chamber of Commerce and Industry (SCCI) has continued the activities of its official trade mission to Portugal by organising field visits to some of the leading commercial and industrial enterprises in Lisbon, in order to review opportunities of joint cooperation, industrial integration and to review the best practices. The trade mission also concluded its visit to Portugal with ...

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