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SEDD promotes economic, investment opportunities with Oman

June 24, 2025 / 9:38 PM
SEDD promotes economic, investment opportunities with Oman
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Sharjah 24 – WAM: The Sharjah Economic Development Department (SEDD) organised a virtual workshop in coordination with the UAE Embassy in the Sultanate of Oman and the Oman Chamber of Commerce and Industry (OCCI). The workshop focused on promoting promising economic sectors and investment opportunities in Sharjah.

Strengthening bilateral economic ties

This initiative is part of efforts to enhance the strong economic relations between Sharjah and Oman, expand cooperation, and explore new investment possibilities. Officials, representatives from government and private entities, and investors from various sectors participated in the event.

Investment climate in Sharjah

The workshop presented the many investment opportunities available in Sharjah, with case studies in manufacturing, supply chains, industrial zones, and transformation industries. SEDD Chairman Hamad Ali Abdalla Al Mahmoud emphasized Sharjah’s commitment to providing an ideal investment climate and encouraging business continuity.

Vision for economic growth

Al Mahmoud highlighted that Sharjah’s strategy aligns with the directives of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and the vision of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah. The emirate seeks to enhance economic sustainability through supportive policies and advanced investor services.

Presentation on investment indicators

Dr Amr Saleh, Economic Advisor at SEDD, presented data on licensing and establishment development in Sharjah over the past decade. The session covered trade volume between the UAE and Oman, current major projects, promising sectors, and investment opportunities.

Focus on continued cooperation

The two sides discussed collaboration in priority sectors such as industrial and commercial investment. They stressed the importance of expertise exchange and stronger communication between economic institutions in both nations.

Conclusion and future steps

Participants agreed on the need to maintain coordination and communication platforms to support investors and businesspeople. This will enhance trade, knowledge exchange, and solidify a sustainable economic partnership benefiting both countries.

 

June 24, 2025 / 9:38 PM

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