Sharjah FDI Forum to discuss Future Trends in Foreign Direct Investment

The Sharjah FDI Forum has announced Eng. Sultan Bin Saeed Al Mansoori, UAE Minister of Economy, as a keynote speaker at the inauguration ceremony of its 5th edition on November 11, and is slated to bring together more than 40 speakers and more than 1,000 participants and industry experts representing a number of local and global financial, economic and business institutions.

Held under the patronage of His Highness Sheikh Dr. Sultan Bin Muhammad Al Qasimi, Member of the Supreme Council Ruler of Sharjah, the forum is organised by the Sharjah FDI Office (Invest in Sharjah), operating under the Sharjah Investment and Development Authority (Shurooq) with the support of the UAE Ministry of Economy (MoE).

In addition to Minister Al Mansoori, Juma Mohammed Al Kait, Assistant Under-Secretary Foreign Trade Affairs, Ministry of Economy; Marwan Bin Jassim Al Sarkal, Executive Chairman of Shurooq; Abdulla Nasser Lootah, Director General of The Federal Competitiveness and Statistics Authority; Eng. Zaid Alqufaidi, Managing Director Retail, Emirates National Oil Company (ENOC); Hind Al Mualla, Chief of Creativity, Happiness & Innovation, Knowledge and Human Development Authority (KHDA); and Hussain Mohammed Al Mahmoudi, CEO of the Sharjah Research, Technology and Innovation Park (RTI), will take part in the event.

During the event, officials will highlight the key competitive advantages the UAE economy has sustained and grown amidst global economic changes, through unique incentive policies by the country’s wise leadership, an advanced legislation and logistics network, as well as the positive impact of the UAE’s unique relations with economic decision-making organisations regionally and internationally.

The 5th Sharjah FDI Forum carries the theme ‘Future Trends in Foreign Direct Investment’, and takes place on November 11-12 at the Al Jawaher Reception and Convention Centre (JRCC).

The forum brings together regional and global leaders in business and economy including CEOs, CIOs, economists, financial experts, digital technology experts and investment consultants, who will shed light on the role of investors in driving responsible investments, building inclusive global economies, and impacting the achievement of the UN’s Sustainable Development Goals (SDGs).

Marwan Bin Jassim Al Sarkal, Executive Chairman of Shurooq, has said that the cooperation with the Ministry of Economy and a number of governmental and private entities in organising the Sharjah FDI Forum has been vital to its success in highlighting the region’s investment and business potential. It has also bolstered the forum’s position as a regional platform for sustainable growth and a driver of responsible investment, he added.

He pointed out that the forum’s topics will offer a scientific methodology to study the relationship between the changes in global economic trends at the sectoral and geographical level, and will also help understand the impact and contribution of the development of financial, technological and human capital skills on FDI momentum and subsequently, on sustainable development goals.

Mohammad Juma Al Musharrkh, CEO of Sharjah FDI Office (Invest in Sharjah), emphasised that the participation of a number of local government entities from both Sharjah and the federal government, especially the MoE, furthers Invest in Sharjah’s vision to strengthen strategic cooperation among local entities, and enhance the investment climate in the country.

“We look forward to building more economic partnerships with various regional and international entities to contribute to the advancement and growth of the FDI sector in Sharjah and the UAE,” he added.

The fifth edition will highlight FDI trends on regional and international levels, and shine light on vital sectors in need of more investments like renewable energy, healthcare and technology. The forum will also discuss the potential impact of the 4th Industrial Revolution on the growth rate of world economies, sustainability, and social stability.

The fifth edition of Sharjah FDI Forum, is organised by Sharjah FDI Office (Invest in Sharjah), an affiliate of the Sharjah Investment and Development Authority (Shurooq), under the patronage of His Highness Sheikh Dr. Sultan Bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, between November 11-12 at Al Jawaher Reception and Convention Centre. The two-day event held under the theme ‘Shaping the Future of Economies,’ will shine light through workshops and panel discussions on the on the transformations in world economy, and the development of financial, technological and human capital skills on FDI momentum and subsequently on sustainable development goals.