64,089 licences issued, renewed in Sharjah during 2022

The report included 7,615 new licences issued and 56,474 renewed.

The department reviewed the results and the main developments and events in the economic sectors during 2022.

The report provides a comprehensive tool for dealers in the emirate's economic sectors and introduces them to the most critical results it has achieved. This highlights SEDD’s efforts to make Sharjah the first economic destination locally and regionally in terms of innovation, confidence and happiness.

Commenting on this, Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, said that issuing such data is one of the most important economic indicators the department relies on to study the economic situation in the emirate.

He affirmed that SEDD’s strategic goal is to achieve a comprehensive development plan that promotes economic development in Sharjah by developing services to match the highest international quality standards in terms of speed of delivery and access to dealers in the economic sector and investors in the emirate, and seeking to complete transactions efficiently and smoothly.

He explained that the results of 2022 revealed a positive performance in many economic indicators and most sectors, despite the unbalanced global economic fluctuations and developments witnessed by the year. This comes within the wise vision of the government represented by His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and the follow-up of Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of Sharjah Executive Council, to provide economic facilities to enhance economic work and advance sustainable development in the emirate.

He added, “At SEDD, we work to improve the partnership between the public and private sectors to enable businesses to grow and prosper. We are keen to meet the requirements of investors and protect consumer rights and intellectual property in light of our endeavour to establish a sustainable, innovative, and knowledge-based economy.”

Al Suwaidi stressed that the economic strategy adopted by Sharjah Economy, which is in line with the directions of the wise leadership, ensures constantly evolving growth rates.

He illustrated that the work and development is continuous in all cities of the emirate. This is clearly reflected in the expansion of projects, which attracts more visitors, strengthens the economy and increases investments in Sharjah.