UAE - Shurooq and MoE to boost cooperation


(MENAFN- Khaleej Times) A delegation from the Ministry of Economy recently visited the Sharjah Investment and Development Authority, or Shurooq, to explore ways of strengthening future cooperation in areas of investment of mutual interest. The ministry's delegation, led by Ali Al Shehhi, director of the MoE's Investment Department, was received by Marwan bin Jassim Al Sarkal, chief executive officer of Shurooq, and Elie Armaly, director of Business Development at Shurooq, in the presence of a number of officials from both sides. The two parties agreed on the importance of activating bilateral meetings aimed at enhancing cooperation in a number of projects and sectors of mutual concern, and the need to exchange the experience and expertise enjoyed by the qualified cadres at both the ministry and the authority. Al Sarkal welcomed the visiting delegation and outlined the phases of establishment of Shurooq and the achievements it has accomplished so far. He emphasised the need for fruitful positive cooperation between the authority and various government organisation and departments, particularly the MoE as the first official body in charge of the growth and competitiveness of the UAE's economy. "The authority has strived, since its establishment, to implement its strategies for cooperation and bringing outlooks closer together to enhance means of investment between the various parties involved in the investment process, in order to create possible opportunities, boost the investment climate with attractive opportunities, and provide advice directly to investors," he said.


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