INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

SEDD discusses cooperation with Matajer

SEDD Chairman said the department makes great efforts to achieve the highest levels of competitiveness for Sharjah. (WAM)
  • SEDD contributes to planning and leading the economic development of the emirate.
  • The department contributes to strengthen the partnership between government and private sector.

SHARJAH, UAE – Sharjah Economic Development Department (SEDD) received a delegation from Matajer – one of the most important commercial shopping groups affiliated with Sharjah Holding Company – established under a partnership between Majid Al Futtaim Properties and Sharjah Asset Management.

This comes within SEDD’s interest to strengthen partnerships with leading companies in the field of retail trade and to introduce them to its advanced work mechanisms in accordance with international standards.

SEDD contributes to planning and leading the economic development of the emirate and to strengthen the partnership between government and private sector, which is considered an essential factor for the sustainability of the economic sector in Sharjah.

Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, said the department makes great efforts to achieve the highest levels of competitiveness for the emirate.

“This positively affects the emirate’s GDP, and the business environment in Sharjah is one of the best in the region, thanks to the simplified procedures adopted by the Department and all other government agencies,” he said.

He added that SEDD is guided by the wise vision of Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, who attaches great importance to developing the role of commercial and industrial sectors in achieving comprehensive sustainable development.

Al Suwaidi said the department pays attention to major investors due to the importance of the private sector’s role in sustainable and continuous development.

The investors also have a vital role in developing and creating more opportunities in the emirate and participating with the government in raising and achieving quality of life indicators.