Sharjah Chamber Showcases Its Efforts to Solidify the Emirate's Position as a Leading Economic Hub

The Sharjah Chamber of Commerce and Industry (SCCI) showcased its efforts to solidify the emirate's position as a leading economic hub, reaffirming its commitment to supporting initiatives and events that strengthen connections between business communities.

The Sharjah Chamber of Commerce and Industry (SCCI) highlighted its efforts to solidify Sharjah's position as a leading economic hub during its participation in the Sharjah-Pakistan Business Forum. The forum, hosted by the Sharjah Foreign Direct Investment Office (Invest in Sharjah), was organized in collaboration with the newly established Pakistan Business Council in Sharjah, which operates under the Chamber's umbrella.

The event brought together over 200 investors and entrepreneurs from various economic sectors in Sharjah and Pakistan to explore investment opportunities and forge strategic partnerships.

Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI, delivered a speech at the forum, emphasizing the importance of the business forum and its outcomes in creating new opportunities for collaboration between businesses and investors in Sharjah and Pakistan.

“This forum is a pivotal step in strengthening the economic and trade relations between the UAE and Pakistan. It provides a platform to explore investment opportunities in both countries and forge strategic partnerships that serve our shared aspirations,” Al Shamsi said.

He added that the Sharjah Chamber has worked closely to launch the Pakistan Business Council as part of the broader network of business councils operating under its umbrella.

“In September, the Chamber hosted the first meeting of the founding members of the Council, officially launching its operations. The Council plays a significant role in bolstering investment and trade relations between the business community in Sharjah and the UAE at large and its counterpart in Pakistan. It lays a solid foundation for mutual benefit and contributes to the sustainable economic development of both countries,” Al Shamsi explained.

Concluding his speech, Al Shamsi expressed optimism for the future of partnerships between the business communities of Sharjah and Pakistan.

“The future of partnerships between the business communities of Sharjah and Pakistan is promising, especially considering the robust growth in bilateral economic relations. The non-oil foreign trade volume between the UAE and Pakistan reached AED 25.7 billion in 2022, which marks a 30 percent increase compared to 2021,” he said.

As part of the Sharjah Chamber's active participation in the forum, Hiba Al Marzouqi, Head of Business Councils and Common Committees Section at SCCI, participated in a panel discussion titled "The Investment Landscape in Sharjah".

During the discussion, Al Marzouqi highlighted the pivotal role of business councils operating under the Chamber's umbrella in advancing economic ties with various countries.

“The Sharjah Chamber of Commerce and Industry is committed to supporting business councils to fulfill their mandate of strengthening cooperation and increasing trade and investment exchange between Sharjah and the represented nations. We also aim to inform business leaders about the many investment opportunities available in the emirate and engage them in partnerships that enhance Sharjah's business ecosystem,” she said.

She added that the Sharjah Chamber has equipped business councils with all necessary services and support to maximize their role in enhancing collaboration and building direct communication channels between Sharjah's business community and its counterparts worldwide.