Arab Today, arab today world forum for fdi concludes
Last Updated : GMT 16:31:58
Arab Today, arab today
Arab Today, arab today

With series of recommendations

World Forum for FDI concludes

Arab Today, arab today

Arab Today, arab today World Forum for FDI concludes

12th edition of World Forum for FDI
Sharjah - Arab Today

A series of recommendations issued by the 12th edition of the World Forum for FDI which concluded in Sharjah lately, called for committing to and respecting contracts signed with investors, even in the time of change of governments. This will increase confidence in governments and trust in their desire to attract more FDIs.
HE Marwan Al Sarkal, CEO of the Sharjah Investment and Development Authority (Shurooq) – host sponsor of the event, said the forum recommended the necessity of establishing effective rapport between governments and investors and called upon investment authorities to play a major role in delivering investors’ messages to decision makers and executive councils in their respective countries.

Arab Today, arab today world forum for fdi concludes
“The forum also recommended governments to work hard on granting incentives to investors, developing infrastructure, and chalking out legislation that match the needs of each sector individually. Sharjah, for example, needs to invest in at least 3 major hospitals with a 630-bed capacity,” he pointed out.
Al Sarkal also explained that the forum recommended countries attract capital and investments that suit their needs because what Dubai needs differs from Sharjah’s requirements or Doha’s or Muscat’s. Sharjah needs investments in hotels that match its vision. The Emirate generally focuses more on environmental, historical and archaeological tourism whereas its environment and recycling industry is expected to reach Dh1.5 billion by the year 2020.

Arab Today, arab today world forum for fdi concludes
Forum attendees, added Al Sarkal, also stressed the importance of appointing skills and talents, adapting to technological advancements, and providing investors with correct statistics that indicate countries’ investments needs in a particular sector. Governments and investors need to have a healthy and balanced relation based on mutual benefits and cooperation.
The CEO of Shurooq said the forum attracted prominent businessmen who had visited Sharjah for the first time and that Shurooq works on granting incentives to investors, delivering their messages to the government and executive councils, and developing legislation with the government.
Al Sarkal was also of the view that the liquidity resulting from the decline in oil prices would open doors for more investments into Sharjah, which is only 3% dependent on the oil sector.
“The percentage of the UAE’s economy dependency on oil does not exceed 33%. The decline in oil prices increased liquidity in the markets. For example, companies who allocated a 20% budget for oil consumption decreased it to 15%. We can use that gap to our benefit and attract investments to Sharjah,” he explained.

Arab Today, arab today world forum for fdi concludes
The 12th edition of the World Forum for FDI concluded after three days of successful discussions on the latest developments and factors affecting FDIs globally, regionally and locally, in the presence of  international experts and senior executives from global and local companies.
Organised by the Sharjah Investment and Development Authority (Shurooq) this international economic forum comes in implementation of the visions and directives of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, in hosting the international events and highlighting the Emirate’s business potentials regionally and internationally. The forum was organised under direct follow up of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Shurooq.
Organising the WORLD FORUM for Foreign Direct Investment in Sharjah in 2015, which is being held in the Middle East for the first time, marks another prestigious milestone for the Emirate. In previous years the world’s leading FDI platform has been held in prime locations including Amsterdam, Brussels, London, Valencia, Bologna, Vilnius, Tallinn, Shanghai, and Philadelphia.

Arab Today, arab today world forum for fdi concludes

Arab Today, arab today world forum for fdi concludes

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today world forum for fdi concludes Arab Today, arab today world forum for fdi concludes

 



Arab Today, arab today
Arab Today, arab today Laptop ban sparks ire

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today AT&T, Verizon join Google ad boycott

GMT 10:30 2017 Thursday ,23 March

AT&T, Verizon join Google ad boycott
View News in Arabic - Business: أخبار الاقتصاد
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemeni official warns education is under threat

GMT 12:03 2017 Tuesday ,14 March

Yemeni official warns education is under threat
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Donia Abdel Aziz participates in "Game of Silence"

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"
Arab Today, arab today Mexico threatens to ditch US corn imports

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 07:39 2017 Monday ,20 March

Dalia Mustafa believes in the presence of ghosts

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection

GMT 16:41 2017 Monday ,20 March

Preserving the memory of glaciers

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 13:11 2017 Tuesday ,21 March

Web-based counseling lowers blood pressure

GMT 10:18 2017 Tuesday ,21 March

Kuwait's tourism industry to be worth

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 22:39 2017 Thursday ,09 March

Zuhair Murad presents his new collection "Resorts"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday