Sharjah, 19 January 2013: Sharjah Investment and Development Authority (Shurooq) and Sharjah Economic Development Department "SEDD" held a meeting in the latter's Sharjah-based headquarter. The two sides discussed various avenues of cooperation to upgrade economic and investment strategies in the emirate.
The meeting tackled means to enhance investment opportunities, and discussed future projects of mutual interest.

During the meeting, several issues were discussed including the possibility to strengthen the emirate's investment climate and overcome obstacles that may hinder any progress in the emirate's growth. Supporting investors and investment projects with all possible means and other related topics were also discussed.

The meeting was attended by HE Sultan Bin Abdullah Bin Haddah Al Suwaidi, Chairman of Sharjah Economic Development Department, HE Marwan bin Jassim Al Sarkal, CEO of Sharjah Investment and Development Authority "Shurooq", Ahmed Obaid Al Qaseer, COO of Sharjah Investment and Development Authority "Shurooq", and Ahmed Hooti, Government Relations Coordinator at "Shurooq".

Commenting on the meeting, HE Marwan bin Jassim Al Sarkal, Shurooq CEO, said: "Various institutions and departments in Sharjah are keen to make every possible effort in line with the government's unlimited support on one hand, and with Sharjah's position on the other, therefore, the ongoing meetings between the mentioned bodies constitute a key driver to achieve these ambitions.

Al Sarkal added: "Our meeting with Sharjah Economic Development Department, represented by HE Sultan Al Suwaidi was fruitful, as "SEDD" is willing to provide all facilities and make every possible support to boost the Emirate's economic and investment growth. We expressed our aspiration to raise the level of joint action with "SEDD" and create alliances and new partnerships according to the shares visions of both parties for the benefit of the emirate."

HE Sultan bin Abdullah Bin Haddah Al Suwaidi, Chairman of the Sharjah Economic Development Department valued Shurooq's efforts to develop the emirate, said: "The Department is currently studying the work mechanism with Shurooq to facilitate investors-related procedures, and link them with the latter to facilitate their work within the Emirate," noting that the door is open for any opinion, proposal or plan that will enhance this service for the best of Sharjah."

Within the same context, Al Sarkal gave a brief presentation about the promotional plan applied by Shurooq to promote Sharjah as an ideal investment destination for investors from all over the world. Al Sarkal and Al Suwaidi also reviewed the major investment sectors on which Shurooq is currently focusing and promoting. This includes (tourism, health care, transportation, and environment sectors) as these and other sectors have a promising future in the emirate over the next few years.

At the end of the meeting, "SEDD" valued Shurooq's invitation to take part in the promotional tours in different countries in the world to promote Sharjah's business and investment potential. The Economic Department expressed its willingness to support these efforts by introducing foreign investors and companies to its services, facilities and procedures provided to foreign investors, so as to best enhance Sharjah's investment climate and help attract investors from around the world in attractive means.

For more information please contact:
Yousef Al Taweel
Sahara Communications
E-mail: yousuf@saharagcc.com
Mobile: 050 556 25 20

Fadia Daouk
Sahara Communications
E-mail:fadia@saharagcc.com
Mobile: 050 538 39 73

© Press Release 2013