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EDB signs MoU with Hamriyah Free Zone and Sharjah Airport International Free Zone to enhance bankability of startups and SMEs.

SHARJAH – The Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, has signed a Memorandum of Understanding (MoU) with the Hamriyah Free Zone in Sharjah and the Sharjah Airport International Free Zone (SAIF) to provide financial support to small and medium-sized enterprises (SMEs) and startups operating in either of the free ...

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Sharjah Cricket signs historic three-year deal with TCM-Dubai.

Sharjah Cricket has signed a historic three-year partnership deal with Twenty First Century Media Pvt Ltd (TCM). This premier sports marketing company will be the commercial partner for the conduct of Sharjah Cricket’s domestic tournaments. This deal by one of the oldest cricket councils in the UAE will be among the longest partnerships in the country as it will extend ...

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UAE aims to increase size of economy from AED1.4 trillion to AED3 trillion by 2030

Abdullah bin Touq Al Marri, Minister of Economy, said the UAE aims to increase the size of its economy from AED1.4 trillion to AED3 trillion by 2030. This goal requires adopting new economic diversification strategies, in addition to supporting new economic sectors, including embracing the Fourth Industrial Revolution and employing advanced technologies to advance the national economy, increase research capacities, ...

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Sharjah Chamber, Cuban counterpart discuss boosting trade and economic cooperation

The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with its Cuban counterpart enhancing joint work to develop commercial activity and areas of economic cooperation between them. The two sides also explored available investment opportunities while highlighting the importance of strengthening communication mechanisms to organise mutual visits of business owners, missions and trade delegations. This came during the meeting ...

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SCCI registers 6,158 new memberships during 2021

Sharjah 24: The Sharjah Chamber of Commerce and Industry (SCCI) supported the business community in 2021, by contributing to the growth of economic sectors, stimulating the Emirate’s trade and investment, and facilitating its growth through its success in achieving a qualitative leap in the number of new memberships. The total number of new memberships reached 6,158, an increase of 61% ...

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SAIF Zone ends 2021 with significant achievements securing its position as major investment hub in the region

SHARJAH, 30th January, 2022 (WAM) — The Sharjah Airport International Free Zone Authority (SAIF Zone) has achieved a series of tremendous successes during 2021, strengthening its position as a major hub for trade, industry, and logistics services in the region. The directives and vision of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, ...

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UAE and Germany aim to boost trade, investment collaboration

The UAE and German officials during the meeting. Mariam Almheiri, UAE Minister of State for Food and Water Security, concluded a four-day trip to Germany, where she discussed potential areas of collaboration with local and state government officials. From June 29 to July 2, 2021, Almheiri led a delegation from the UAE on a visit that spanned three cities – ...

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Sharjah’s Bee’ah forms joint venture with Greek company to tackle marine pollution

The new company plans to process waste streams such as sludge and convert it into alternative fuel for use in the industrial sector Environmental management company Bee’ah and Greek company Polygreen have agreed to form a joint venture to tackle marine pollution and protect the environment. The new company, Evogreen, has already established an alternative raw materials unit within Bee’ah’s ...

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Sharjah, Portugal explore prospects for cooperation in economic sectors

The Sharjah Chamber of Commerce & Industry, organised on Wednesday, in collaboration with the Portugal Global – Trade & Investment Agency (AICEP), the Sharjah-Portugal Business Forum, which aims to highlight joint investment opportunities and explore prospects for cooperation and bilateral partnerships in various economic sectors. The forum is also considered a perfect opportunity for businessmen in both countries to meet ...

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