Press Release

Sharjah concludes participation in WEF summit

May 26, 2013

In presence of King Abdullah, Abbas, government and industry leaders
The Forum was attended by His Majesty King Abdullah II, King of the Hashemite Kingdom of Jordan, Palestinian President Mahmoud Abbas, Queen Rania Al Abdullah, HE Lubna Al Qassimi, Minister of Development and International Cooperation, in addition to over 900 government, industry, media, civil society, and youth leaders from across the Gulf Cooperation Council countries, the Levant, North Africa, and internationally. Attending the Forum, also, was Sharjah Investment and Development Authority (Shurooq) CEO HE Marwan bin Jassim Al Sarkal, Dr Khalid Al Midfa, Director General of Sharjah Media Corporation, as well as representatives of Crescent Petroleum and Dana Gas. In the spirit of cooperation and cordiality, Shurooq sponsored the community lunch held on the 25th of May. Commenting on Sharjah's participation, HE Marwan bin Jassim Al Sarkal said: "The core focus of Shurooq's participation in the World Economic Forum Regional Meeting was to become familiarised with experience of the participating countries and with the most recent economic matters, as well as to introduce and promote Sharjah's business potential to the Forum's many attendees. Hundreds of senior government officials, business leaders, and academics were gathered here for the event, which provided Shurooq with a rare and valuable opportunity to network with the most influential individuals in the region. The Community Lunch, in particular, enabled us to network and connect with this unique audience." The theme of this year's summit was 'Advancing Conditions for Growth and Resilience', supported by three subthemes - 'Partnerships for Employment, Entrepreneurship and Infrastructure'; 'Strengthening Economic Governance'; and 'Advancing Regional Cooperation and Resilience'. The aim of the 2013 meeting was to drive the dialogue needed to foster the spirit of partnership that is so essential for ensuring peace and security, and to take a practical look at the policies and business strategies that are necessary to support the aspirations of the region's economies. The World Economic Forum is an independent international organisation committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Shurooq was established in 2009 with the aim of achieving social, cultural, environmental and economic development on the basis of Sharjah's distinct Arab and Islamic identity, and to encourage investment by adopting the best international standards in providing quality services that help attract investors from the region and the world. Shurooq's key mission is to provide facilities and incentives to help overcome obstacles facing investment activities in the Emirate, evaluate tourism and investment related infrastructure projects, and lay down the necessary plans to complete such projects.
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