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SHARJAH: Invest in Sharjah to Host Sharjah-Arab Business Roundtable

Source: www.export-egypt.com 4/10/2017, Location: Middle East

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The Sharjah FDI Office, Invest in Sharjah, operating under the auspices of the government of Sharjah, has announced the hosting of Sharjah-Arab Business Roundtable, a massive step in emphasising Sharjah’s importance in the Middle East’s finance and business sectors.

Organised in collaboration with the Jordan Business Council, the event is a platform for Invest in Sharjah to showcase the emirate’s investment opportunities in a variety of different sectors, particularly trade, industry and real estate.

According to the Sharjah Chamber of Industry and Commerce, in 2016, Sharjah’s GDP increased by 7- 9 percent compared to 2015.

The real estate and business services sector accounted for 22 percent of GDP, while the manufacturing sector accounted for 17 percent and the wholesale trade sector for 12 percent.

The roundtable will be chaired by Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority, Shurooq, and attended by ministers from some of the region’s leading economies, Sharjah government representatives, UAE-based Arab investment entities and business councils.

Marwan bin Jassim Al Sarkal, CEO of Shurooq, said, "In recent years, Shurooq has been able to solidify Sharjah’s position as one of the region’s premier investment and business destinations.

The unparalleled support of the wise leadership has enabled Shurooq to provide a unique investment environment, encouraging investors to start up their businesses across all sectors."

Ihsan Qatawneh, Chairman of the Jordanian Business Council in the UAE, said, "Sharjah was always at the forefront in positioning itself as a central investment destination for Jordanians across Middle East and North Africa region, MENA. ."

The forum plays a fundamental role bringing together a series of the region’s top decision makers to create a more integrated economy among one another, booming from Sharjah, and witnessing a successful growth in our economic bilateral ties."."

Mohammed Juma Al Musharrakh, Director of Invest in Sharjah, said, "Our priority is to encourage Arab investors to either start or expand their businesses in Sharjah.."

The incentives, advantages and high growth rates in all sectors provide their businesses, no matter in which sector, with a significant boost towards expansion in both regional and international markets.

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