SEC discusses SEDD’s report on foreign ownership law

The meeting discussed a number of topics on its agenda on developing government work of the development projects in all vital sectors to provide a decent living for residents of the Emirate of Sharjah.
SEC reviewed a report submitted by Sharjah Education Council (SEC) on the performance of government nurseries in the Emirate of Sharjah, which provide excellent care services for children under the generous directives of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi ,Supreme Council Member and Ruler of Sharjah.

Sharjah Executive Council discussed a report submitted by Sharjah Economic Development Department (SEDD) on economic indicators to implement amendments to the Commercial Companies Law related to foreign ownership.
The report dealt with the most prominent indicators in terms of a number and types of commercial licenses, services provided to all investors, in addition to activities with a strategic impact.

The report included a number of proposed recommendations approved by SEC, which contribute to supporting the economic environment and motivating investors in various sectors and traditional and modern activities.