Tag Archives: Mohammed Juma Al Musharrkh

Sharjah boosts regional economic ties with Saudi Arabia

At a time when the Kingdom of Saudi Arabia’s National Transformation Plan is well underway to reduce the nation’s public-sector dependence by 2030, a delegation from Sharjah visited two major cities of the Kingdom — Jeddah and Mecca recently to explore prospects for new partnerships in non-oil sectors, which will drive regional growth. The Sharjah FDI office (Invest in Sharjah) led the delegation, taking them on a ‘Sharjah Roadshow in The Kingdom of Saudi Arabia’ through the two cities, and facilitated various networking meetings with leading Saudi businessmen, government representatives and industry experts. Through the two-day roadshow, Saudi Arabian players took a closer look at Sharjah’s rapidly diversifying and investor-friendly economy in major non-oil sectors including tourism, hospitality, real estate, trade, media, health, education, renewable energy and SMEs. They explored ways in which they can leverage these opportunities to promote and strengthen KSA’s private sector. The delegation comprised HE Aref Ali Al Tabour Al Nuaimi, Consul General of the UAE, Jeddah; HE Marwan bin Jassim Al Sarkal, Executive Chairman, Sharjah Investment and Development Authority (Shurooq); Sheikh Saud bin Mohammed Al Qasimi, Deputy Head — Industrial Investment, Sharjah Economic Development Department and Mohammed Juma Al Musharrkh, CEO, Invest in Sharjah. The delegation also included Ibrahim Al Hashimi, Director — Government Relations, Sharjah Media City (Shams); Samer Bukamel, Vice President — Sales, ARADA and a number of officials and representatives from government and private bodies in Sharjah. Al Sarkal highlighted the strong bilateral relations the UAE and KSA share, especially in economic sectors. The UAE is the Kingdom’s biggest trade partner in the Gulf and greater Arab region. In 2017, the value of trade between the two countries was approximately $23 billion. He …

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30 global experts expected at Sharjah FDI Forum 2018 from December 10-11

More than 500 business leaders and 30 industry experts, chief executives and decision-makers representing the region and the world, are expected to attend the fourth edition of Sharjah FDI Forum, to be held on December 10 and 11 in Sharjah. The event is set to witness discussions on corporate investment strategies, expansion opportunities, and explore the latest in solutions, innovations and best practices within the global economy. Under the patronage of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, the Sharjah FDI Forum 2018 is organised by the Sharjah Investment and Development Authority (Shurooq) and the Sharjah FDI Office (Invest in Sharjah), with the endorsement of the UAE Ministry of Economy and in strategic partnership with CNBC Arabia. The forum will be held under the theme, ‘Shaping the Future of Economies’ at the Al Jawaher Reception and Convention Centre in Sharjah. A press conference was recently organised to unveil the forum’s programme details. It was attended by HE Marwan bin Jassim Al Sarkal, CEO, Shurooq; Mohammed Juma Al Musharrkh, CEO, Invest in Sharjah, several representatives from government authorities, and media personnel. Al Musharrkh unveiled the forum’s comprehensive six-panel agenda, which will highlight the role of sustainable development in shaping the future of global economies. He also announced that for the first time, Sharjah FDI Forum will be hosting a special workshop on December 9, organised and conducted by the World Association of Investment Promotion Agencies (WAIPA), targeting a number of investment promotion agencies from around the world, to discuss latest practices of promoting investment opportunities by studying investor needs and embracing latest technological breakthroughs to identify in-demand sectors.

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