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Sharjah exploring new business opportunities
By William Faria June 02, 2015
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SHARJAH: The emirate of Sharjah is exploring new business opportunities as well as ways in which to further strengthen and expand the already well-established business relationship existing among investors both local and foreign.

Marwan Bin Jasem Al Sarkal, CEO of Sharjah Investment and Development Authority (Shurooq), said on Monday in Sharjah that the emirate’s strategic location and diversified economy makes it an excellent base of operations for investors.  Al Sarkal was speaking during the Sharjah CEO Clubs Business roundtable, that brought together leaders in the business community to explore how the Emirate can further boost the emirate’s as an international business destination.

An overview of Shurooq’s rapidly expanding and diverse portfolio of large-scale development projects was also presented during the roundtable meeting.

Speaking about the event Al Sarkal, said that organizing such Roundtable events regularly is a key component of the emirate’s strategy to build and expand business and investment networks with various countries.

Our aim therefore is to build on a solid foundation and find new opportunities for collaboration and investment to benefit both the emirate and investors in general, said Al Sarkal.

The roundtable is among a series of initiatives undertaken by Shurooq in line with its strategy and ongoing efforts to highlight the Emirate’s investment potential and solidify its position not only as a regional business hub, but also as a leading investment destination globally.

Hussain Mohammed Al Mahmoud, Director General of the Sharjah Chamber of Commerce and Industry opened the proceedings by highlighting the investment, infrastructure and industrial progress achieved in Sharjah in recent years, he continued to detail the global attention the Emirate is experiencing as a prime investment destination, and commended the diversity of economic activity taking place.

Al Sarkal emphasized that the strategic location and diversified economy of Sharjah makes it an excellent base of operations for investors and companies wishing to firmly establish themselves in the region.

He said that the purpose of the roundtable was to basically invite Sharjah’s business community to identify and discuss the steps that could be taken to facilitate investment into the Emirate, and overcome potential obstacles, and ultimately build a strong, stable and sustainable investment platform that creates opportunities for a better tomorrow.

The panel comprised of Dr Abdul Aziz Al Muhairi, Director Sharjah Health Authority, Raed  Bukhatir, Deputy Commercial Director at Sharjah Airport International Free Zone (SAIF Zone), Mohamed Al Hosani - Director of Sales and New Product Development Bee`ah, Mohamed Juma Al Musharrakh Head of Investment Promotion division (Shurooq),Mr Abdel Aziz Shattaf Head of Economic Promotion- Sharjah Chamber of Commerce and Industry (SCCI), and Dr Tariq Ahmed Nizam, Founder & CEO of CEO Clubs Network Worldwide, who delivered a speech and was also the panel moderator.

“There are already many ways in which Sharjah has distinguished itself as an attractive business destination: through its diverse economy, world class connectivity infrastructure, and numerous investment incentives, to name just a few. But as Sharjah grows, the demands on its infrastructure, its community services and its business environment grow with it. It is vital we meet these challenges, which is why this roundtable with CEO Clubs a leading organisation worldwide was so important. Going forward, we will continue to prioritise events which produce fruitful discussions in these areas,” said Al Sarkal.

The focus of the speech from Dr. Tariq Ahmed Nizami, Founder and CEO of CEO Clubs Network Worldwide, highlighted the potential for investment in Sharjah, and focused on the strategies in place to facilitate continued development in the emirate. Raed A Bukhatir, Deputy Commercial Director at Saif Zone Sharjah, spoke about the benefits of investing in Sharjah, referencing the large number of sectors that are now well established, and the excellent logistics currently supporting large scale investment in the emirate.
 
Mohammed Juma Al Musharrkh, Head of Investment and Promotion at Shurooq commented on the role of Shurooq in facilitating investment, he detailed the services offered to investors, including the successful efforts to reduce bureaucracy for efficiency, and the excellent advice and support provided at every step of the way to maximise all opportunities.

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