Heba Mohsen
- Sharjah is one of the most sustainable and vital economies in the region
- Sharjah Investors Center “Saeed” was established to help them efficiently
- “Invest in Sharjah”, the first globally, to issue licenses with artificial intelligence
The CEO of the Sharjah Foreign Investment Office, Mohamed El -Mashriq, talked about the importance of investing in Sharjah and its role in enhancing cooperation between the private and public sectors. He stressed that the office aims to link investors to the opportunities available to advance growth and prosperity. He referred to the central location of the Sharjah between the continent of Europe and the East Asia region, which facilitates access to the main international airports and ports in the Arabian Gulf and the Indian Ocean. He also described Sharjah as the cultural capital of the state and its industrial and educational center, explaining that these factors make Sharjah a strategic investment destination for investors and global companies that seek to explore new markets, especially in Asia, Africa and Europe. He pointed out that the business environment in Sharjah is characterized by stability and organization, which enhances future expectations for investors
“Sharjah’s strength lies as an attractive investment environment in the widespread economic diversity that distinguishes the sectors of manufacturing, production and services in it. The volume of its unexpected economy is less than 10% of the gross domestic product, which makes it one of the most sustainable and vital economies in the region.” He pointed out that Sharjah has witnessed a sustainable complex growth in the gross domestic product by 11% over the past ten years. He stressed that the Sharjah Center for Investors Services “Saeed” was established specifically to help investors and businessmen to establish their business quickly and efficiently.
The shelter revealed the launch of Sharjah, the first commercial license in the world is fully issued through artificial intelligence. He considered that “Invest in Sharjah” is the first investment promotion agency in the world that has a system for issuing commercial licenses with artificial intelligence technology, which contributes to attracting investments.
He explained that “Sharjah Publishing City” has achieved a qualitative precedent in using artificial intelligence in issuing licenses, in addition to the “Sharjah Gateway to acquire”, which is the first digital government platform in the region, which facilitates integration and acquisitions. He stressed that the new service from the “Invest in Sharjah” office aims to enhance the flexibility and efficiency of the business environment and facilitate the establishment of companies, which contributes to diversifying the economic sectors and enhancing the growth of GDP.
He concluded his speech by noting that: “Sharjah ranks fifth in the world in the growth of foreign direct investment projects, and the fourth Gulf in the system of startups, which reflects its success in integrating technology and artificial intelligence in vital sectors such as agriculture, industry, logistical services, health and education.
