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Sharjah has welcomed the ASEAN community’s growing interest in the emirate’s robust and rapidly diversified economy, which attracted USD 1.63 billion in foreign direct investments in 2017 recording a sizeable jump in growth compared to 2016. Investors, diplomats, expanding enterprises and private businesses representing ASEAN members were brought together on a networking platform, the Sharjah-ASEAN Business Roundtable, organised by the Sharjah FDI Office (Invest in Sharjah)in collaboration with the ASEAN Business Councils Alliance, recently on Thursday. Among prominent attendees were HE Samuel Tan Chi Tse, Ambassador of the Republic of Singapore in UAE (Chair of ASEAN); HE Syed Md Hasrin…

The Sharjah Investment and Development Authority (Shurooq) and Injazat Services announce the establishment of the Sharjah Investors Services Centre, which will operate as the emirate’s first “one-stop-shop” high-end facility providing fully-integrated and streamlined services to investors looking to set up businesses in Sharjah. The new centre, to be headquartered in Al Qasba, will be a key access point for global business owners and entrepreneurs in Sharjah, and will play an integral role in facilitating high-level and mid-level investments across a variety of sectors within the emirate. The latest initiative by Shurooq and Injazat falls under the series of innovative ideas…

Sharjah Investment and Development Authority (Shurooq) has signed a second Memorandum of Understanding (MoU) with Korea’s global investment corporation REI Holding Group, to encourage bilateral investments, collaborate on industry information and expand business networks in both countries. The agreement follows on the recently announced MoU between Shurooq and REI’s Haewon Medical Foundation Sejong General Hospital to establish the first Korean hospital in Sharjah, and the visit of Moon Jae-in, President of South Korea, at a UAE-Korea Business Forum in March this year. President Moon highlighted Korea’s commitment to expanding cooperation with the UAE in new sectors as both countries push…

More than 200 senior government officials, diplomats, consuls, business owners and investors have met at the Sharjah Economic Ramadan Majlis to discuss the essential role of incentives in developing the economy and attracting local, national and global investment. Organised by the Sharjah Investment and Development Authority (Shurooq), in collaboration with the Sharjah Chamber of Commerce and Industry (SCCI) and Sharjah FDI Office (Invest in Sharjah), the fourth edition of the event, titled ‘Economic incentives for accelerating business growth’, highlighted the legal, economic and logistical frameworks needed to encourage domestic enterprises as well as multinational corporations to either enter or expand…

Celebrating its 8th participation at the Arabian Travel Market (ATM) 2018, one of the largest travel and tourism exhibitions in the world and in the region, Sharjah Investment and Development Authority (Shurooq) gives visitors and industry experts a virtual taste of authentic and leisure tourism in the emirate of Sharjah. Visitors, investors and industry experts at the Shurooq stand, which is exhibiting under the Sharjah Commerce and Tourism Development Authority pavilion, are enjoying the unique opportunity to experience the Mleiha Archaeological and Eco-tourism project through Shurooq’s latest Virtual Reality (VR) experience, where visitors are taken by air, land, indoors and…

The Sharjah Investment and Development Authority (Shurooq) and master developer Nakheel have collaborated in a joint venture, that will bring a new community retail centre to Sharjah. The project - Nakheel’s first outside its home emirate of Dubai - has an estimated development value of AED75 million. Under the agreement, signed today by HE Marwan bin Jassim Al Sarkal, CEO of Shurooq, and Nakheel CEO Sanjay Manchanda, the two organisations will create a shopping, dining and leisure hub in Sharjah’s rapidly-expanding Al Rahmaniya district. The project, to be developed by Nakheel and managed by its retail subsidiary, Nakheel Malls, joins…

Sharjah FDI Office (Invest in Sharjah) has met with many of India’s leading industrialists, entrepreneurs and government officials in a highly impactful tour of the sub-continent, participating in trade conferences and partnership summits in a packed schedule to promote Sharjah’s vast investment opportunities. In a series of meetings with existing clients, trade associations and prospective investors, Investment Promotions Managers at Invest in Sharjah, Saif Alsuwaidi and Rajesh Kadam highlighted Sharjah’s current business ties with India and future bilateral trade. The visit coincides with a landmark agreement between the UAE and India to enable businesses to transact directly in each other's…

 Promotional film commissioned by Invest in Sharjah (“Invest in Sharjah”) as part of its marketing collateral has won a coveted prize at the Cannes Corporate Media & TV Awards. Out of nearly 1,000 entries the jury selected the “Invest in Sharjah” submission as a winner of the Dolphin Trophy in the category ‘Marketing Communication – B2B’. The film won the prize at the 8th edition of the Cannes Corporate Media & TV Awards, an international festival dedicated to corporate films, online media and TV productions which takes place every September in Cannes, France. “Invest in Sharjah”, the investment promotion arm…

The UAE Undersecretary for Foreign Trade and Industry Affairs, Ministry of Economy, HE Abdullah bin Ahmed Al Saleh opened Day 2 of the Third Sharjah FDI Forum with promising remarks on the role foreign direct investments (FDIs) will play in fulfilling the SDG 2030’s vision, globally, saying that the UAE is both a global destination for and an exporter of FDI. Among other high-profile attendees were Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Investment and Development (Shurooq); HE Marwan bin Jassim Al Sarkal, CEO of Shurooq; and HE Mohamed Ali Rashed Alabbar, Founder and Chairman of Emaar Properties.…

   Innovation and technology were the subjects under discussion during the final panel sessions on the opening day of Sharjah FDI Forum 2017, which concluded yesterday (Wednesday) at the Jawaher Reception and Convention Centre, Sharjah. The two-day global investment forum was held under the patronage of His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member Ruler of Sharjah. ‘Government innovation, a new trend shaping the future of governments’ was the penultimate panel on the first day and was moderated by Hussein Al-Syed, CNBC Arabia. The discussion featured Walid Hareb Al Falahi, CEO of Dubai Consultancy; Tayfun Topkoç, Managing…