Business | Economy
Sharjah's investor activity remains high despite summer holiday
The Sharjah Economic Development Department (SEDD) reported on Monday that it has received a record number of enquiries and requests for its various services from investors this summer season, with the renewal and issuance of trade and industrial licenses being the most sought after among the department's services.
Sharjah: The Sharjah Economic Development Department (SEDD) reported on Monday that it has received a record number of enquiries and requests for its various services from investors this summer season, with the renewal and issuance of trade and industrial licenses being the most sought after among the department's services.
H.E. Ali Al Mahmoud, General Manger of SEDD said, "We've experienced an unprecedented level of demand for our services this summer, despite the fact that there is usually a lull in activity at this time of the year."
"The Department is continuously upping its performance level and service quality, with the aim of encouraging investors to establish their projects in Sharjah, and to take advantage of the promising opportunities available in various economic sectors. Our host of services include the issuance and renewal of licenses, with approximately 220 transactions performed per day this summer, and we offer-consulting services that contribute significantly to the improvement of the local investment climate. We have also taken steps to procure qualified and experienced personnel in our different department divisions and sections in order to ensure that our clients receive the best possible service," he added.
Business Editor's choice
-
Saudi-Bahraini economic ties hit new high
Whilst press reports continue speculating on a possible new political structure defining ties between Saudi Arabia and Bahrain, facts on the ground confirm ever- stronger economic ties between the two neighbours
-
Cupid targets the Fed with early tweets
Declarations range from pure romance to cute overtures and racier fare
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery


