Sharjah Update Sharjah business & Investment News from Invest in Sharjah (Sharjah FDI Office)
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Sharjah Investment and Development Authority (Shurooq) has announced that it will silver-sponsor the Annual Investment Meeting (AIM) 2016, the global economic event which is organised annually by the UAE Ministry of Economy in Dubai.
Participating with Shurooq is a promising line-up from the Sharjah government representatives at the forum, these include the Sharjah Economic Development Department (SEDD), Sharjah Chamber of Commerce and Industry (SCCI) and Hamriya Free Zone Authority (HFZ). Discussions during the forum will highlight multiple achievements and prospects which Sharjah has secured in creating a diversified economy to attract and sustain responsible investments. Key topics will also focus on selected practices which increase investors’ confidence, as well as adopted common trends which drive growth for foreign investments into Sharjah and the UAE.
“AIM 2016 is a gateway for investment and economic communication with the rest of the world, with the UAE established as a leading international trade and investment centre. AIM is a precious opportunity to hold B2B meetings between investors, government representatives and authorities, as well as receive information on developments from the world’s foremost investment organisations and institutions. We are delighted to be playing a role as a major facilitator of this event through our silver sponsorship of it,” said His Excellency, Marwan bin Jassim Al Sarkal, Chief Executive Officer of Shurooq.
He added; “Shurooq’s participation at AIM 2016 comes at a time of rapid economic change that is allied to an evolving technological boom. Through our initiatives, Shurooq has successfully kept ahead of the curve of these developments, which are affecting the global investment market by favouring those who are innovative and adaptable.”
According to World Investment Report 2015, issued by the United Nations Conference on Trade and Development (UNCTAD), the value of FDI worldwide was USD 1.23 trillion (AED 4.51 trillion) in 2014, with emerging economies attracting USD 681 billion (AED 2.5 trillion) worth of investment, making them the world’s top regions in terms of their share of foreign investment inflow.
“During the event, Shurooq will showcase its current and future projects, as well its array of investment opportunities. We look forward to building sustainable partnerships with international investors in the various sectors in which we operate. We will be promoting the Emirate of Sharjah with its stimulating business environment and aiming to attract direct foreign investment by showcasing its unique and diverse facilities,” Al Sarkal continued.
The 6th edition of AIM will be held under the theme: ‘The New World of FDI, Key Features and Best Practices’ and takes place from April 11-13, 2016 at Dubai International Convention and Exhibition Centre. The forum seeks to provide insight into global FDI and shed light on emerging markets which are expected to become leading investment destinations this year and next.
(Press Release)
