Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Sharjah Chamber and FDI Office discuss ways to promote real estate sector

During the meeting, the representative committee of the business group showcased its leading initiatives to upgrade the real estate sector. (WAM)
  • The discussion centered on how the sector can benefit from the Sharjah FDI Office's expertise to promote real estate ventures in the emirate
  • Sharjah Chamber noted the remarkable growth in the sector, emphasizing how real estate is acting as a backbone to the emirate's economic prosperity

Sharjah, UAE–The Real Estates Sector Business Group has discussed with the Sharjah FDI Office (Invest in Sharjah) ways to promote lucrative real estate investment projects in Sharjah and invigorate the local real estate sector.

The meeting looked into ways to benefit from the Sharjah FDI Office’s expertise to promote real estate ventures in the emirate.

It also stressed the need to provide high-quality services to real estate entities through the Sharjah Investors Services Center.

The Real Estates Sector Business Group operates under the Sharjah Chamber of Commerce and Industry (SCCI).

The SCCI emphasized that Sharjah’s real estate sector has seen remarkable growth and development. Acting as a backbone to Sharjah’s economic prosperity, the sector draws investors due to the emirate’s multifaceted economy, comprehensive legislative and regulatory frameworks, and government amenities. Moreover, the countless investment opportunities available within the real estate sphere enhances its allure.

The discussions were held during a coordination meeting attended by notable figures, including Saeed Ghanem Al Suwaidi, Chairman of the Representative Committee of the Real Estate Sector Business Group,Saif Mohammed Salem Al Suwaidi, Director of the Investment Support Department at the Sharjah FDI Office; Marwan Saleh Alichla, Director of the Sharjah Investors Services Centre; and other committee members.

During the meeting, the representative committee of the Business Group showcased its leading initiatives to upgrade the real estate sector.

They highlighted the committee’s strategies to draw real estate investments to Sharjah, foster ties with both investors and government entities, and effectively represent the vast community of real estate professionals within the emirate.