Sharjah 24: Sharjah Economic Development Department (SEDD) has issued and renewed 8,977 licenses during the third quarter of 2021, according to the data released by SEDD branches located in various cities and regions in Sharjah.
SEDD Commercial Officers at its branches in the Central and Eastern Regions as well as the Industrial Areas branch conducted 37,140 inspection campaigns during the third quarter of this year, with an increase of 84% over the same period in 2020. These teams work continuously to ensure the safety of all economic practices in economic establishments in all regions of the emirate.
On the other hand, SEDD branches have intensified their role during the current period in order to ensure that all establishments comply with the instructions, circulars and policies regulating the conduct of business.
In this context, Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, stated that the increase in the number of licenses during the third quarter confirms the strength of the local economy and the attractiveness of the investment environment. He added that these indicators confirm the sustainable growth for the economy in Sharjah, substantiated by a strategy through which it seeks to maintain a good pace in growth rates during the next phase with focus on the continuous development of services to match the highest international quality standards in terms of speed of transaction processing and access to dealers in the economic sector and investors.
Khalfan Al Herathi, Director of SEDD Branches, said that the Eastern Region witnesses a remarkable investment movement supported by the huge development projects launched by His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, which momentously influenced and enhanced the economic sector.
Al Herathi confirmed that SEDD provides advanced digital services and uses the latest remote communication technologies to communicate with both partners and dealers thus contributed to encouraging and motivating business and expanding trade and economic activities in Sharjah, along with other attractions from a distinct geographical location.
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