Sharjah 24: The Financial, Economic, and Industrial Affairs Committee of the Sharjah Consultative Council (SCC) discussed several issues during its regular session of the eleventh legislative term including plans to conduct visits to economic establishments.
The meeting, held at the council headquarters in Sharjah, was chaired by Rashid Abdullah bin Hwaiden, the committee's chairman. Also in attendance were committee members Fatima Khalifa Al Muqarrab, the committee's rapporteur, Engineer Nabil bin Buti Al Muhairi, and Tariq Murad Mirza Al Balushi, in addition to the presence of Amna Basleib, the committee's secretary.
The meeting reviewed the investment climate in the UAE and Sharjah, emphasising regulatory frameworks, opportunities, and investment facilitation available in the Emirate for investors and businessmen. The committee pledged to strengthen these opportunities through its action plan and upcoming visits to relevant economic institutions.
The committee also discussed its policies to enhance economic aspects in the Emirate, with a focus on supporting entrepreneurship and encouraging small and medium-sized enterprises, recognising their role as key drivers of economic development. Additionally, it highlighted its efforts to promote services and facilities provided by economic institutions and economic events in Sharjah to create an ideal working environment.
During the meeting, the committee identified key areas to further its roles under the current policies of the SCC, aiming to foster partnerships between the business community and investors to capitalise on promising investment opportunities, particularly in tourism, industry, and infrastructure sectors. Furthermore, it emphasised the importance of providing facilities for investors and businesses and attracting investments across various sectors in alignment with the economic institutions' strategy to facilitate business sector growth and enhance its capabilities.
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