Shurooq, Arab-British Chamber sign MoU

Dubai: The Sharjah Investment and Development Authority (Shurooq) has signed a memorandum of understanding (MoU) with the Arab-British Chamber of Commerce (ABCC).

Under the MoU, the two parties agreed to “encourage, promote, and facilitate investment and development cooperation” among the business communities in Sharjah and the UK, according to a Shurooq statement on Tuesday.

Shurooq and ABCC have also agreed to “coordinate, establish, and expand a business network that enables” Sharjah and UK businesses “to leverage the financial opportunities” in both countries.