Media ININ Economy We Trust
MEDIA IN \Sharjah. 21-01-2019 / WAM
“The stable business environment in the emirate has attracted more than 24,000 Indian companies operating in a variety of activities in the free zones and within the emirate,” said Mohammed Juma Al Mashrakh, Executive Director of Invest in Sharjah. “The emirate plays a pivotal role in attracting foreign investment due to its unique geographic position and One of the driving forces of the Indian foreign investment sector in the Gulf region, which amounts to 137 billion US dollars, as well as being the main trading partner of the State of IndiaThe trade of non-oil commodities.
The Sharjah Office of Foreign Direct Investment (FDI) was launched in the ninth edition of the Global Gujarat Summit which opened on January 17 and ends on Tuesday in Gandhi, capital of the northern Indian state of Gujarat. The summit included a group of investors, businessmen and business owners. As well as directors, officials and representatives of private and government entities in India, experts and economic specialists.
The presence of Invest in Sharjah comes as part of its strategy to enhance Sharjah’s economic position on the global investment map. The office carries out a series of visits aimed at keeping abreast of the reality of global foreign investment and taking into account the economic trends in the various countries covered by the Summit. Partnerships with investors in various global economic centers.
The pavilion was attended by HE Dr. Thani Bin Ahmed Al Zwaidi, Minister of Climate Change and Environment and UAE Ambassador to India Dr. Ahmed Abdul Rahman Al Banna, where they were briefed on the tour. Among the platforms of UAE institutions participating in the summit.
