Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Shurooq to host Sharjah-China Business Roundtable  Join our daily free Newsletter

MENAFN Press - 24/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) The Sharjah Investment and Development Authority (Shurooq), in collaboration with the Chinese Business Council, will be hosting a Sharjah-China Business Roundtable on 27th February at the Sharjah Chamber of Commerce and Industry, as part of its ongoing strategy to promote the Emirate as a world-class destination for international investment



The roundtable will be attended by HE Tang Weibin, Consul General of People's Republic of China and government representatives from both Sharjah and China, as well as members of the Chinese Business Council and local Chinese businesspeople in the UAE. Presentations laying out Sharjah's appeal as an investment destination will be given by bodies representing key sectors and regions. As well as the Sharjah Investment and Development Authority (Shurooq), the authorities include the Sharjah Commerce and Tourism Development Authority (SCTDA), the Hamriya Free Zone Authority, Bee'ah - Sharjah Environment Company, and Sharjah Healthcare City. A Q&A session and networking lunch will end proceedings.



Speaking ahead of the event, HE Marwan bin Jassim Al Sarkal, CEO of Sharjah Investment and Development Authority (Shurooq), said: "This roundtable offers a tremendous opportunity to explore new avenues to expand the burgeoning relationship between Sharjah and China. As well as having the second largest economy on the global stage, China's outbound investment has surged to record levels and made the country the world's third largest investor. We are delighted to enjoy a long and warm friendship, with many mutually beneficial initiatives. Our objectives for this event are to reinforce these existing business ties while nurturing new ones.



There have been rapid increases in bilateral trade between China and Sharjah in recent years. The value of total trade exchanges “ encompassing imports, exports and re-exports “ jumped more than 18 per cent between 2010 and 2012, from AED 3.3bn to more than AED 3.9bn. That equates to a compound annual growth rate of 8 per cent. In particular, products related to petroleum “ including drilling equipment and petrochemical products “ generated the high value



More widely, trade between the UAE and China has flourished over the last decade, multiplying many times over. This momentum shows no sign of letting up: in the first half of 2013, imports and exports combined jumped almost 14 per cent to AED 78.6bn, after registering close to 40 per cent year-on-year growth over 2012. There are more than 4,000 Chinese companies that currently operate in the UAE



Shurooq has engaged in a number of recent initiatives to encourage investment from China. Most recently, in January, the Authority welcomed a high-ranking delegation from the country headed by HE Tang Weibin, Consul General of People's Republic of China in Dubai. In mid-2012, a delegation from Shurooq embarked on a promotional tour of China to promote the Emirate's offering to international investors.



Shurooq was established in 2009 with the aim of achieving social, cultural, environmental and economic development on the basis of Sharjah's distinct Arab and Islamic identity, and to encourage investment by adopting the best international standards in providing quality services that help attract investors from the region and the world. The Authority's key mission is to provide facilities and incentives to help overcome obstacles facing investment activities in the Emirate, evaluate tourism and investment related infrastructure projects, and lay down the necessary plans to complete such projects


About Shurooq
Shurooq

 






  MENA News Headlines
 Jul 28 2014 - Muslims mark sombre Eid in bloodied GazaAFP
(MENAFN - AFP) The end of a month of fasting was supposed to be a time to celebrate for Abeer Shamali. But instead, she spent the Muslim Eid feast at the grave of her teenage son. Fellow mourners ...

 Jul 28 2014 - Radiant During RamadanMuscat Daily
(MENAFN - Muscat Daily) Keep your skin and hair glowing and shiny even as you're fasting in this holy month. Some tips... Moisturise Your skin too gets dehydrated when you fast. It is ...

 Jul 28 2014 - Cream of the CropMuscat Daily
(MENAFN - Muscat Daily) Mahmood Said Humaid al Shibli glances at the wall clock. It's 11am with change, and only two hours to ''go to plate''.  There's crepes to layer, oranges to slice and ...

 Jul 28 2014 - Coaches satisfied with Mansoor's performance at youth sailing worldsMuscat Daily
(MENAFN - Muscat Daily) Despite young Mansoor al Mahrooqi's last-place finish in a field of 57 sailors in the Laser Radial class at the ISAF Youth Sailing World Championship held recently, Oman ...

 Jul 28 2014 - Alizz islamic bank reports RO2.6mn lossMuscat Daily
(MENAFN - Muscat Daily) Alizz islamic bank has reported a loss of RO2.6mn for the period ended June 30, 2014 which the bank said, in a disclosure to the Muscat Securities Market, "is in line ...

 Jul 28 2014 - Duqm Airport takes offMuscat Daily
(MENAFN - Muscat Daily) The newly opened Duqm Airport received its first Oman Air flight ahead of schedule on Wednesday with officials saying that the facility will serve as an air transport and ...

 Jul 28 2014 - All you want to know about Oman - on a busMuscat Daily
(MENAFN - Muscat Daily) Highlighting the leadership of His Majesty Sultan Qaboos bin Said, the National Centre for Statistics and Information (NCSI) has launched a new initiative that will see public ...

 Jul 28 2014 - MoHC invites bid for construction of $250mn Oman Cultural ComplexMuscat Daily
(MENAFN - Muscat Daily) After announcing the appointment of the UK-based international consultancy and construction company, Mace as project manager for the Oman Cultural Complex (OCC), the Ministry ...

 Jul 28 2014 - Vale Volunteers host event for Al Noor AssociationMuscat Daily
(MENAFN - Muscat Daily) Under the auspices of the Wali of Liwa, H E Dr Sheikh Said bin Humaid al Harthy, Vale Volunteers recently hosted a special iftar in honour of the Al Noor Association for the ...

 Jul 28 2014 - UN Special Representative for Somalia on the occasion of Eid-ul-FitrMENAFN Press
(MENAFN Press) MOGADISHU Somalia July 28 2014/African Press Organization (APO)/ -- The Special Representative of the UN Secretary-General for Somalia (SRSG) Nicholas Kay extended his heartfelt ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help